Multiple Choice
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?
A) 0.98
B) 0.996
C) 0.004
D) 0.02
E) 0.904
Correct Answer:

Verified
Correct Answer:
Verified
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