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Suppose that a marketing research firm sends questionnaires to two different companies. Based on historical evidence, the marketing research firm believes that each company, independently

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Suppose that a marketing research 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 probability 0.40. What is the probability that both questionnaires are returned? Round your answer to 2 decimal places

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