What is the probability that the string of lights

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A string of holiday lights contains 24 lights. The lights are wired in series, so that if any light fails then the whole string will go dark. Each light has probability 0.04 of failing during a three-year period. The lights fail independently of each other.

What is the probability that the string of lights will remain bright for a three-year period?

Express your answer in decimal form to 3 decimal places.

Reference no: EM131943771

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