In developing their warranty policy, a washing machine company estimates that over a 1-year period 15% of their new washing machine will need to be repaired. You and your neighbor both purchase a new washing machine.
1) What is the probability that both will need repair in the first year (assume independence of events)?
A. 0.0225
B. 0.4816
C. 0.5184
D. 0.5623
2) What is the probability that at least one washing machine will need repair in the first year?
A. 0.0784
B. 0.2775
C. 0.5184
D. 0.5623