Probability of no defective tires = (1 - 0.03)^4 = 0.97^4 = 0.885
Now, we can calculate the probability of at least one defective tire using the complement rule:
Probability of at least one defective tire = 1 - Probability of no defective tires
= 1 - 0.885
= 0.115
Therefore, the probability that at least one of your tires is defective is 0.115 or approximately 11.5%.