What is the overall reliability for the product


1. Suppose a product is made of 100 components, each with a 97% reliability. What is the overall reliability for the product?

2. Suppose a product is made of 1,000 components, each with .999 reliability. What is the unreliability of this product? Is this acceptable? Why or why not?

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Accounting Basics: What is the overall reliability for the product
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