Question: 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

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?0.980.9960.0040.020.904

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