Question: Please help thanks 4) CSB Bank currently processes loan applications through three clerks (each checking different sections of the application in series), with reliabilities of
Please help thanks
4) CSB Bank currently processes loan applications through three clerks (each checking different sections of the application in series), with reliabilities of 0.99, 0.96, and 0.94 (see figure below). 0.99 0.96 0.94 a) Find the reliability of the current loan application process. 0.92 0.90 0.99 0.96 0.94 Due to increasing customer complaints, the bank administration decided to improve the reliability of its loan application process by providing backup clerks for two of the clerks (with the lowest reliabilities) with reliabilities of 0.92 and 0.90 (see above figure) b) Find the reliability of the new admission process
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