Answer: 0.6827
Explanation:
Let x be the random variable that represents the length of similar components produced by a company.
Given : The length of similar components produced by a company follows a normal distribution with
and
.
Using formula :

Z-score corresponds to x= 4.98

Z-score corresponds to x= 5.02

The probability that the length of this component is between 4.98 and 5.02 cm.:
[using z-table for right tailed test]

Hence, the probability that the length of this component is between 4.98 and 5.02 cm 0.6827=0.6827