Cyrus Talucod

Cyrus Talucod

Answered question

2022-09-11

 

 

Answer & Explanation

xleb123

xleb123

Skilled2023-06-02Added 181 answers

To construct the probability distributions for the given data, we need to calculate the probabilities of randomly selecting each type of bill.
Let's denote the random variables as follows:
- X₁: Number of 100 peso bills
- X₂: Number of 200 peso bills
- X₃: Number of 500 peso bills
- X₄: Number of 1 000 peso bills
We are given the following information:
- Five 100 peso bills
- Four 200 peso bills
- Three 500 peso bills
- Two 1 000 peso bills
To calculate the probabilities, we divide the number of bills of each type by the total number of bills. In this case, the total number of bills is 5 + 4 + 3 + 2 = 14.
The probability distribution for X₁ (the number of 100 peso bills) is as follows:
P(X=0)=514
P(X=1)=514
P(X=2)=514
P(X=3)=514
P(X=4)=514
P(X=5)=514
The probability distribution for X₂ (the number of 200 peso bills) is as follows:
P(X=0)=614
P(X=1)=614
P(X=2)=614
P(X=3)=614
P(X=4)=614
The probability distribution for X₃ (the number of 500 peso bills) is as follows:
P(X=0)=1114
P(X=1)=1114
P(X=2)=1114
The probability distribution for X₄ (the number of 1 000 peso bills) is as follows:
P(X=0)=1214
P(X=1)=1214
These probability distributions represent the chances of randomly selecting a certain number of bills of each type from your wallet.
For example, the chance of randomly selecting a 100 peso bill is 514, a 200 peso bill is 614, a 500 peso bill is 1114, and a 1 000 peso bill is 1214.

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