From industry statistics, a credit card company knows that 0.8 of its potential card holders are good credit risks and 0.2 are bad credit risks. The company uses discriminant analysis to screen credit card applicants and determine which ones should receive credit cards. The company awards credit cards to 70% of those who apply. The company has found that of those awarded credit cards, 95% turn out to be good credit risks. What is the probability that an applicant who is a bad credit risk will be denied a credit card?