(Answered) A broker survey report that 38 of all individual have used

Management Studies

A broker survey report that 38% of all individual have used a discount broker(one that does not charge the full commission ). If a random sample of 130 individual investors is taken, approximate the probability at least 51 have used a discount broker. Use the normal approximation to the binomial with a correction for continuity. Round your answer to at least three decimal places. Don't round any intermediate steps.

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