A company is bidding on two projects, A and B. The probability that the company wins project A is 0.40 and the probability that the company wins project B is 0.25. Winning project A and winning project B are independent events. What is the probability that the company does not win either project?
A) 0.35
B) 0.70
C) 0.45
D) 0.75
Correct Answer:
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