The dissolution of \(\text{PbI}_2\) in water can be represented by the following equation:
\[
\text{PbI}_2(s) \rightleftharpoons \text{Pb}^{2+}(aq) + 2\text{I}^-(aq)
\]
The solubility product expression (\(K_{\text{sp}}\)) for this equilibrium is:
\[
K_{\text{sp}} = [\text{Pb}^{2+}][\text{I}^-]^2
\]
The solution already contains 0.0500 M \(\text{NaI}\), which provides a common ion, \(\text{I}^-\). Therefore, the initial concentration of \(\text{I}^-\) is 0.0500 M.
Let \(s\) be the solubility of \(\text{PbI}_2\) in mol/L. At equilibrium, the concentration of \(\text{Pb}^{2+}\) will be \(s\), and the concentration of \(\text{I}^-\) will be \(0.0500 + 2s\).
Substituting these into the \(K_{\text{sp}}\) expression:
\[
K_{\text{sp}} = s(0.0500 + 2s)^2
\]
Given \(K_{\text{sp}} = 7.9 \times 10^{-9}\), we have:
\[
7.9 \times 10^{-9} = s(0.0500 + 2s)^2
\]
Assuming \(2s\) is much smaller than 0.0500 M, we can approximate:
\[
(0.0500 + 2s)^2 \approx (0.0500)^2
\]
Thus, the equation simplifies to:
\[
7.9 \times 10^{-9} = s(0.0500)^2
\]
Solving for \(s\):
\[
s = \frac{7.9 \times 10^{-9}}{(0.0500)^2}
\]
\[
s = \frac{7.9 \times 10^{-9}}{0.0025}
\]
\[
s = 3.16 \times 10^{-6} \, \text{M}
\]
The solubility of \(\text{PbI}_2\) in the given solution is \(\boxed{3.16 \times 10^{-6} \, \text{M}}\).