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The U.S. housing market estimates that 31% of all homes purchased in 2019 were considered investment properties. If a sample of 800 homes sold in
The U.S. housing market estimates that 31% of all homes purchased in 2019 were considered investment properties. If a sample of 800 homes sold in 2019 is obtained what is the probability that at most 175 homes are going to be used as investment property? Round to four decimal places.
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