The video states that 78% of people carry less than $50 in cash; 40% carry less than $20 in cash, and 9% carry no cash. Suppose you have a random sample of 100 people and you check how much cash each person is carrying. Assuming that the percentages stated in the video are correct for all adult Americans, discuss how it could occur that 12 people in your sample are carrying no cash while only 75 people in your sample are carrying less than $50 in cash.

The probability that 12 people in your sample are carrying no cash is 0.0712

Step-by-step explanation:

n = 100

p(no cash) = 0.09

x = 12

By applying binomial distribution

P(x,n) = nCx*px*(1-p)(n-x)

P(x = 12) = 0.074.

The probability that 12 people in your sample are carrying no cash is 0.074.

n = 100

p(less than 50) = 0.78

x = 75

By applying binomial distribution

P(x,n) = nCx*px*(1-p)(n-x)

P(x = 75) = 0.0712

The probability that 12 people in your sample are carrying no cash is 0.0712

infinitely many solutions

step-by-step explanation:

we have been given the equation;

2(2x + 3) = -4 + 2(2x + 5)

we need to determine the value of x.

2(2x + 3), we expand this expression to obtain 4x + 6

similarly 2(2x + 5) will become 4x + 10

now we have;

4x + 6 = -4 + 4x + 10

4x + 6 = 4x + 10 - 4

4x + 6 = 4x + 6

the expression on the left hand side is identical to the one on the right hand side. therefore, we are looking at just a single straight line whose equation is;

y = 4x + 6

consequently, we shall have infinitely many solutions

25

step-by-step explanation: