Answer: 0.145
Explanation:
Since,
the Probability of the older pump failing P(fail older) = 0.10
The probability of the newer pump failing P(fail newer) = 0.05
Therefore,
The Probability of the older pump not failing P(not fail older) = 1 - 0.1
P(not fail older) = 0.9
Also,
The probability of the newer pump not failing P(not fail newer) = 1 - 0.05 = 0.95
The probability of the pumping system failing = P(not fail older)* P(not fail newer) = 0.9*0.95
P(not fail system)= 0.855
Therefore,
The probability that the pumping system will fail = 1 - P(not fail system) = 1 - 0.855 = 0.145
The probability that the pumping system will fail one day is 0.145