SOLUTION: In Canada, a customer orders 50 components from a factory that has a 99% quality production rate (this means that 99% of the products have no defect). What is the probability that

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Question 1157630: In Canada, a customer orders 50 components from a factory that has a 99% quality production rate (this means that 99% of the products have no defect). What is the probability that NONE of the components ordered are defective. round answers to four decimal places.

Answer by Shin123(626) About Me  (Show Source):
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Since there is a 0.99 chance that there is no defect for one component, and the probabilities are independent, there is a 0.99%5E50 chance that none of the components are defective. And 0.99%5E50 is approximately 0.6050, or 60.5006% if you want the percentage to 4 decimal places.