According to the Almanac of Questionable Statistics, Vol 4 (2012), the probability of a mass squirrel uprising in any given year is 0.47 and the probability that cats and dogs will sign a peace treaty allowing them to live together peacefully in any given year is 0.98.  If we presume that these two events are independent, what is the probability of both happening next year?

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According to the Almanac of Questionable Statistics, Vol 4 (2012), the probability of a mass squirrel uprising in any given year is 0.47 and the probability that cats and dogs will sign a peace treaty allowing them to live together peacefully in any given year is 0.98.  If we presume that these two events are independent, what is the probability of both happening next year?

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