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An urn contains 8 red and 6 pink balls. Four balls are randomly drawn from the urn in succession, with replacement.That is, after each draw,

An urn contains 8 red and 6 pink balls. Four balls are randomly drawn from the urn in succession, with replacement.That is, after each draw, the selected ball is returned to the urn. What is the probability that all 4 balls drawn from the urn are pink?Round your answer to three decimal places.

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