You have to distribute the 7 to x and 2 so :
7x+14=2x-1
Add one to both sides (inverse operations)
7x+14=2x-1
+1 +1
7x+15=2x
Cross Cancel by subtracting 7x from both sides
7x+15=2x
-7x -7x
15=-5x
Divide by -5
15/-5= -5/-5
X= -3
Answer: The probability of this ocurring by chance is less than 0.01.
The meaning of the significance level is that it tells that there is difference of 1% level when there is no actual difference.
Step-by-step explanation:
Since we have given that
Number of times a coin tossed = 500
Number of times head occurs = 416
So, our Z-score would be

So, At significance level of 0.01, p-value of Z-score is .202704.
and p-value < 0.01, i.e. 0.202704<0.832.
Hence, the probability of this ocurring by chance is less than 0.01.
The meaning of the significance level is that it tells that there is difference of 1% level when there is no actual difference.
The answer to this one is the 3rd one