What is the probability that only one of the questionnaires

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Reference no: EM13804816

Suppose that a marketing 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 a probability of 0.30. What is the probability that only one of the questionnaires will be returned? Place your answer, rounded to 2 decimal places, in the blank. For example, 0.23 is a legitimate entry. 

Reference no: EM13804816

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