A machine has two components, both of which have a probability 0.12 of failing in a given year. The failure of each component is independent
A machine has two components, both of which have a probability 0.12 of failing in a given year. The failure of each component is independent of the other component. Calculate the probability that, in a given year: (a) Both components fail (b) At least one component fails (c) Neither component fails (d) Exactly one component fails
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