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Answer:
The mean number of adults who would have bank savings accounts is 32.
Step-by-step explanation:
For each adult surveyed, there are only two possible outcomes. Either they have bank savings accounts, or they do not. So we use the binomial probability distribution to solve this problem.
Binomial probability distribution
Probability of exactly x sucesses on n repeated trials, with p probability.
The expected value of the binomial distribution is:
In this problem, we have that:
If we were to survey 50 randomly selected adults, find the mean number of adults who would have bank savings accounts.
This is E(X) when .
So
The mean number of adults who would have bank savings accounts is 32.
The statement first, and the statement second are correct because the number of dimes is 34, and the number of quarters is 66
What is a linear equation?
It is defined as the relation between two variables, if we plot the graph of the linear equation we will get a straight line.
If in the linear equation, one variable is present, then the equation is known as the linear equation in one variable.
We have:
0.1x + 0.25y = 19.9 and
x + y = 100
Let x = number of dimes
y = number of quarters
After solving the above system of equations by substitution method.
y = 66
x = 34
Thus, the statement first, and the statement second are correct because the number of dimes is 34, and the number of quarters is 66
Learn more about the linear equation here:
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