We are given the following information:
- The message is 5 bits long.
- The probability that a bit gets flipped during transmission is \( 0.01 \).
- The flipping of each bit is independent of one another.
Step 1: Probability of a bit being transmitted error-free
The probability that a given bit is transmitted error-free (i.e., it is not flipped) is the complement of the probability that the bit is flipped:
\[
P(\text{bit is error-free}) = 1 - 0.01 = 0.99.
\]
Step 2: Probability that all 5 bits are transmitted error-free
Since the flipping of each bit is independent, the probability that all 5 bits are transmitted error-free is the product of the probabilities for each bit:
\[
P(\text{message delivered error-free}) = (0.99)^5.
\]
Step 3: Calculate the value
Now, calculate \( (0.99)^5 \):
\[
(0.99)^5 \approx 0.95099.
\]
Final Answer:
Thus, the probability that the message is delivered error-free to the destination is \( \boxed{0.951} \) (rounded to three decimal places).