Final answer:
The probability that at least 10% of the boards are defective can be approximated using a normal distribution, while the exact probability of having 10 defectives in the batch can be calculated using the binomial formula. For large samples, normal approximation can be used for convenience.
Step-by-step explanation:
To find the probability that at least 10% of the boards are defective, we can use the binomial distribution since each board's condition is independent of the other boards. The formula for binomial probability is P(X = k) = (n choose k) * pk * (1-p)(n-k), where n is the number of trials, p is the probability of success on each trial, and k is the number of successes. However, for large sample sizes and when the sample proportion is close to the population proportion, we can approximate the binomial distribution with a normal distribution.
To use the normal approximation, we calculate the mean and standard deviation with the formulas μ = n * p and σ = √(n * p * (1-p)). For the batch of 250 boards with 5% defective rate, μ = 250 * 0.05 = 12.5 and σ = √(250 * 0.05 * 0.95) ≈ 3.4641. We then convert the problem into a z-score and use standard normal distribution tables or software to find the probability that Z > (25 - 12.5)/3.4641.
To find the exact probability of having exactly 10 defectives in the batch, we use the binomial formula since the normal approximation is less accurate for exact probabilities. The calculation would be P(X = 10) = (250 choose 10) * 0.0510 * 0.95240.