A system consists of five independent components in


A system consists of five independent components in parallel. The system will work if at least one of the five components works. Let Ci represent the event that component i works, i=1,...,5. P(Ci)=0.97 for all i. What is the probability that the system will work (also known as the reliability of the system)?

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Basic Statistics: A system consists of five independent components in
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