Solange and Brittany make up the auto insurance market. Solange has a 5% probability of having an accident this year, while Brittany has a 2.5% probability of having an accident. What is the probability that Solange and Brittany will both have accidents this year?
A) 0.125%
B) 0.625%
C) 0.05%
D) 0.5%
Correct Answer:
Verified
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