udget Airlines is a seasonal airline that operates flights from Myrtle Beach, South Carolina, to various cities in the northeast. Recently Budget has been concerned about the number of lost bags. Ann Poston from the Analytics Department was asked to study the issue. She randomly selected a sample of 500 flights and found that a total of twenty bags were lost on the sampled flights. What is the probability that none of the bags were lost? Round your answer to four decimal places.

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