SOLUTION: Suppose that a marketing firm sends questionnaires to two different companies. Based on historical evidence, the marketing research firm believes that each company, independently o
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Question 754964: Suppose that a marketing firm sends questionnaires to two different companies. Based on historical evidence, the marketing research firm believes that each company, independently of the other, will return the questionnaire with a probability of 0.30. What is the probability that both questionnaires will be returned? Place your answer, rounded to 2 decimal places, in the blank. For example, 0.23 is a legitimate entry Answer by solver91311(24713) (Show Source):
