Question 19 Not yet answered Investment advisors agree that near-retirees, defined as people aged 55 to 65, should have balanced portfolios. Most advisors suggest that the near-retirees have no more than 50% of their investments in stocks. However, during the huge decline in the stock market in 2008, 22% of near-retirees had 90% or more of their investments in stocks (P. Regnier, "What I Learned from the Crash," Money, May 2009, p. 114). Suppose you have a random sample of 10 people who would have been labeled as near- retirees in 2008. What is the probability that during 2008: Marked out of 1.00 three or more had 90% or more of their investment in stocks? Flag question O a. p = 0.4188 O b. p = 0.3831 O c. p = 0.2335 O d. p = 0.6131