If a factory produces 500 widgets per day and 5% of them are defective, what is the probability that a randomly selected widget is defective? Additionally, if a customer purchases 10 widgets, what is the probability that at least one of them is defective? Calculate both probabilities and explain the calculations involved.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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If a factory produces 500 widgets per day and 5% of them are defective, what is the probability that a randomly selected widget is defective? Additionally, if a customer purchases 10 widgets, what is the probability that at least one of them is defective? Calculate both probabilities and explain the calculations involved.
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