What is the probability that they get both contracts

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The advertising firm of McMann and Tate has put out bids for two separate contracts. Based on past experience, they believe that they have a 0.7 probability of getting the first contract, a 0.2 probability of getting the second, and a 0.8 probability of getting as least one of the two. What is the probability that they get both contracts?

Reference no: EM13240309

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