Solved: What is the probability that the wooden car works properly, Basic Statistics

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What is the probability that the wooden car works properly

If a wooden car has 30 independent components that all must function for the wooden car to operate successfully during a race, and the probability of successful operation for any single component is 0.999, what is the probability that the wooden car works properly. Please show the formula/steps taken to obtain the answer.

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Basic Statistics: What is the probability that the wooden car works properly

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