In a town, 30% of the households own a dog, 20% own a cat, and 60% own neither a dog nor a cat. If we select a household at random, what is the chance that they own both a dog and a cat?. Please give a reason as to how you found the answer. Two steps, 1) find the answer and show step by step process and 2) this part is important, please explain in 200 words how you found the answer, give logical and statastical reasoning. Explain how you arrived at your answer.