Question: A bank loan processing system has three components with individual reliabilities as shown: R 1 = 0.80 R 2 = 0.910 R 3 = 0.98

A bank loan processing system has three components with individual reliabilities as shown:

R₁ = 0.80 R₂ = 0.910 R₃ = 0.98

What is the reliability of the bank loan processing system? (Round answer to 3 decimal places, e.g. 15.251.)

Reliability of bank loan processing system

enter reliability of bank loan processing system rounded to 4 decimal places: 0.7134 (I solved this answer but need help with the second part below)

What would be the reliability of the bank system above if each of the three components had a backup with a reliability of 0.80? How would the total reliability be different?

(Round answer to 3 decimal places, e.g. 15.251.)

Total reliability		enter total reliability rounded to 3 decimal places
Difference in total reliability		enter difference in total reliability rounded to 3 decimal places

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