Final answer:
The probability of both students passing the test is 0.56.
Step-by-step explanation:
The probability of passing the test is calculated by multiplying the probabilities of each student passing.
In this case, the probability of Student #1 passing is 0.8 and the probability of Student #2 passing is 0.7. So the overall probability of both students passing is 0.8 x 0.7 = 0.56.