2 CIICK Submit to compete this assessment Question 10 of 10 Question 10 1 points Save Answer You have developed a set of criteria for evaluating distressed credits. Companies that do not receive a passing score are classed as likely to go bankrupt within 12 months. You gathered the following information when validating the criteria: - Twenty (not forty) percent of the companies to which the test is administered will go bankrupt within 12 months: P(nonsurvivor) = 0.20 Eighty percent of the companies to which the test is administered pass it: P(pass test) = 0.80 The probability that a company will pass the test given that it will subsequently not survive 12 months is 0.50: P(pass test nonsurvivor) - 0.50 What is P(nonsurvivor fails test)? Give your answer as a probability rounded to two digits, so in the format 0.XX