In an effort to cut costs and improve profits, many US companies have been turning to outsourcing. In fact, according to Purchasing magazine, 54% of companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose 555 of these companies are contacted. What is the probability (as a decimal) that 48% or less of these companies outsourced some part of their manufacturing process in the past two or three years? Round to 4 decimal places
