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Question
suppose that 23% of people own dogs. if you pick two people at random, what is the probability that they both own a dog? give your answer as a decimal rounded to 4 places.
Step1: Convert percentage to decimal
$23\% = 0.23$
Step2: Calculate probability of both owning dogs
$0.23 \times 0.23 = 0.0529$
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0.0529