Answer:
[tex]Probability = 0.0266[/tex]
Step-by-step explanation:
Given
D = Defective
N = Non-Defective
[tex]D = 3\%[/tex]
[tex]D =0.03[/tex]
N is calculated as thus:
[tex]N = 1 -D[/tex]
[tex]N = 1 - 0.03[/tex]
[tex]N = 0.97[/tex]
The required probability can be represented as:
Probability = DNNNN
And it is calculated as follows:
[tex]Probability = 0.03 * 0.97^4[/tex]
[tex]Probability = 0.0265587843[/tex]
[tex]Probability = 0.0266[/tex] -- Approximated