SOLUTION: If the probability of a certain defect occurring in a product is 0.05. And the probability of a different defect in the same product is 0.02. What is the probability of both defect

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Question 1015334: If the probability of a certain defect occurring in a product is 0.05. And the probability of a different defect in the same product is 0.02. What is the probability of both defects occurring in a single example of the product?
Answer by richard1234(7193) About Me  (Show Source):
You can put this solution on YOUR website!
Assuming independence, P(both defects) = 0.05 x 0.02 = 0.001.