A consumer electronic company, B & B, is manufacturing a new product with 5000 electrical components. Its supplier provides all the 5000 components and assure 99.99% good quality level for each single component. May you estimate the quality level of this new product and possible market response? 

Answer rating: 100% (QA)

To estimate the quality level of the new product we can use the concept of reliability If each compo... View the full answer