Solved: You have two investments that either make money or lose, Basic Statistics

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You have two investments that either make money or lose

You have two investments that either make money or lose money.

Each one has a 60 percent chance of making money, and a forty percent chance of losing money.

There is a 30 percent chance that both investments make money.

What is the probability that both lose money?

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Basic Statistics: You have two investments that either make money or lose

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Basic Statistics: You have two investments that either make money or lose

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