Question: The probability that a certain electronic component will fail during the first hour of operation is 0.001. Suppose 1000 such components are tested independently. (1a)

The probability that a certain electronic component will fail during the first hour of operation is 0.001. Suppose 1000 such components are tested independently. (1a) Find the Poisson approximation of the probability that exactly 1 fails during the first hour. (1b) Find the exact value of the probability in (1a), and then compute the difference between the exact value and the Poisson approximation.

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