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Mathematics, 20.02.2020 04:30 miller5452

Functional Robotics Corporation buys electrical controllers from a Japanese supplier. The company's treasurer thinks that there is probability 0.2 that the dollar will fall in value against the Japanese yen in the next month. The treasurer also believes that if the dollar falls there is probability 0.6 that the supplier will demand renegotiation of the contract. What probability has the treasurer assigned to the event that the dollar falls and the supplier demands renegotiation

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