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Revenues from both companies are independent

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Suppose that there are two companies such that for each one the revenue is considerably below expectation with probability 0.08, is slightly below expectation with probability 0.19, exactly meets expectation with probability 0.26, is slightly above expectation with probability 0.36, and is considerably above expectation with probability 0.11. Furthermore, suppose that the revenues from both companies are independent. What is the probability that neither company has a revenue below expectation?

Reference no: EM131804000

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