If a Product Is Made Using Five Individual Components, and P(product

question 70

Multiple Choice

If a product is made using five individual components, and P(product meets specifications) = P(E) = .98, what is the probability of an individual component meeting specifications, assuming that this probability is the same for all five components?

• A) 0.98
• B) 0.996
• C) 0.004
• D) 0.02
• E) 0.904

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