What is actual overall reliability of the three components, Financial Accounting

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What is actual overall reliability of the three components

Problem

Meacham industry produces a unit that requires three separate components to function together. Each of the three components has a reliability level of 96%. However, the overall requirement for the three separate components to function together is 98%.

Given the current setup, what is the actual overall reliability of these three components?

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Financial Accounting: What is actual overall reliability of the three components

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Financial Accounting: What is actual overall reliability of the three components

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