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During one year, a particular mutual fund outperformed theS&P 500 index 29 out of 52 weeks. Find the probability that it would perform as well

During one year, a particular mutual fund outperformed theS&P 500 index 29 out of 52 weeks. Find the probability that it would perform as well or better again.

The probability is

(Round to four decimal places asneeded.)

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