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QUESTION

A researcher wishes to conduct a study of the color preferences of new car buyers. Suppose that 60% of this population prefers the color black.

A researcher wishes to conduct a study of the color preferences of new car buyers. Suppose that 60%

of this population prefers the color black. If 16

buyers are randomly selected, what is the probability that exactly 3

buyers would prefer black? Round your answer to four decimal places.

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