Answer:
0.1571 (rounded to four decimal places as required.)
Explanation:
There are two possible ways to find this probability.
Approach one:
find the probability of each of the following cases:
- One out of the 17 components fails.
- Two out of the 17 components fail.

- All 17 components fail.
The probability that any component fails is equal to the sum of all these 17 probabilities.
Approach two:
Find the probability complement of the event that any of the seventeen components fail. In other words, what is the probability that none of the seventeen components fails?
.
This explanation implements the second method.
For each component, the probability that it fails is
. The probability that it does not fail is equal to
.
The probability that each component fails or does not fail is independent and equal to
for all 17 components. As a result, the probability that none of the components fail can be expressed as
.
Again,

The final result is rounded to four decimal places as requested.