Final answer:
The probability that a randomly selected coin is either a nickel or Canadian currency is 11/12. This is calculated by adding the probabilities of selecting a nickel and Canadian currency separately and subtracting the overlap of Canadian nickels to avoid double-counting.
Step-by-step explanation:
To calculate the probability that a randomly selected coin from your pocket is either a nickel or Canadian currency, you can use the principles of probability. First, count the total number of coins, which is five nickels plus seven dimes, giving us a total of 12 coins. Out of these, four nickels and six dimes are Canadian. So, there are four Canadian nickels, two Canadian dimes, and one US nickel (5 nickels - 4 Canadian nickels).
The probability of selecting a nickel is the number of nickels divided by the total number of coins: 5/12. The probability of selecting Canadian currency is the number of Canadian coins divided by the total number of coins: (4 nickels + 6 dimes)/12 = 10/12.
Since the Canadian nickels are included in both categories (nickels and Canadian currency), we must avoid double-counting them. Therefore, we subtract the probability of picking a Canadian nickel from the sum of the individual probabilities: (5/12) + (10/12) - (4/12).
Calculating this, we get:
Probability of picking a nickel or Canadian currency = (5/12) + (10/12) - (4/12) = 11/12.
Thus, the probability that you randomly select a nickel or Canadian currency is 11/12.