Can Monkeys Write Shakespeare?

The video explores the concept of improbability using the Infinite Monkey theorem, which suggests that a monkey typing randomly for an infinite amount of time could eventually produce a work like Shakespeare's. It explains the probability of independent events, using the example of a monkey typing 'banana' on a typewriter with 50 keys. The probability of this event is calculated and shown to be extremely low, but it increases with a larger number of monkeys. The video concludes that while it seems impossible, it is only improbable for a monkey to type any given sequence of words.

What is the significance of the probability being less than 1% for a million monkeys typing randomly?

Discuss why it is considered improbable rather than impossible for a monkey to type the complete works of Shakespeare.