The probability that the broken clock is right is straightforwardly 2/1440 = 0.001 = 0.1%, innit?
But I'll play this silly game: ChatGPT is not incorrect 99.9% of the time.
Yes, ask an LLM to multiply a few numbers together and you will get around 100% failure rate.
The same goes for quotes, citations, website addresses, and most numerical facts.
The failures are predictable. That means the models can be augmented with external knowledge, Python or JS interpreters, etc.