Final answer:
To calculate the probability that a consignment of pens with a 2% fault rate will be accepted upon testing 10 pens, you would sum the binomial probabilities of observing exactly 0 and exactly 1 faulty pen.
Step-by-step explanation:
With the given fault rate (2%, or 0.02), we can calculate the probability that 0 pens are faulty and the probability that 1 pen is faulty, then sum these probabilities to find the overall chance the consignment is accepted.
Calculating '0 faulty pens' probability:
For all ten pens to be non-faulty, we use the binomial probability formula with p=0.02 (the probability of a pen being faulty), n=10 (the number of pens), and x=0 (the desired number of faulty pens):
P(X=0) = (n choose x) * p^x * (1-p)^(n-x)
Which simplifies to: P(X=0) = (10 choose 0) * 0.02^0 * (1-0.02)^10
Calculating '1 faulty pen' probability:
For exactly one pen to be faulty, we change x to 1 in the binomial formula:
P(X=1) = (n choose x) * p^x * (1-p)^(n-x)
Which simplifies to: P(X=1) = (10 choose 1) * 0.02^1 * (1-0.02)^9
Finally, we add the probabilities of these two scenarios to find the overall acceptance probability: Probability of acceptance = P(X=0) + P(X=1).
Conclusion
The final probability of acceptance is the sum of the probabilities of exactly 0 and exactly 1 pen being faulty in the randomly selected sample of 10.