A lot of 1000 screws contain 1% with major defects and 5% with minor defects. If 50 screws are picked at random and inspected, what are the expected numbers of major and minor defectives?
My attempt:
Probability of major defects = $\frac{1}{100}$
Probability of minor defects = $\frac{5}{100}$
Expected number of major defectives = $50 \times \frac{1}{100}=0.5$
Expected number of minor defectives = $50 \times \frac{5}{100}=2.5$
I am unsure about this because the total number of screws, i.e. $1000$ has not been used here. Is my solution correct?
Re-formulating your question like this, it will be clearer.
The screws produced contain 1% with major defects and 5% with minor defects. If 50 screws are picked at random and inspected out of 1000 screws, what are the expected numbers of major and minor defectives?