What is probability that entire fleet will avoid accident

Reference no: EM131404048

Avis, Inc., has reported that its fleet consists of 200,000 vehicles. If the vehicles are independent in terms of accident incidence and each has a 0.99999 chance of making it through the year without being in a major accident, what is the probability that the entire fleet will avoid a major accident during the year?

Reference no: EM131404048

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