Answer:
The probability that MicroTech will beat the competition with its new computers is 0.994
Step-by-step explanation:
Consider the provided information.
MicroTech has funded three separate design teams to create the new systems.
The Probability of team A will come up with acceptable design is 90% or 0.9
The Probability of team B will come up with acceptable design is 80% or 0.8
The Probability of team C will come up with acceptable design is 70% or 0.7
The probability of non of them will be able to come up with acceptable design = (1-0.9)×(1-0.8)×(1-0.7) = 0.1×0.2×0.3 = 0.006
Thus, the probability that MicroTech will beat the competition with its new computers is:
1-0.006 = 0.994
Hence, the required probability is 0.994