Final answer:
To estimate the probability that in a city of 10,000 people there are more than 120 people who are bipolar, we can use the normal approximation to the binomial distribution. The probability is approximately 2.28%.
Step-by-step explanation:
To estimate the probability that in a city of 10,000 people there are more than 120 people who are bipolar, we can use the normal approximation to the binomial distribution. The first step is to calculate the mean and standard deviation of the binomial distribution. The mean (μ) is given by μ = n * p, where n is the number of trials (10,000) and p is the probability of success (1 in 100 or 0.01). In this case, μ = 10,000 * 0.01 = 100. The standard deviation (σ) is given by σ = sqrt(n * p * (1 - p)). In this case, σ = sqrt(10,000 * 0.01 * (1 - 0.01)) = sqrt(100) = 10.
Next, we need to use the normal distribution to calculate the probability. To do this, we standardize the number of successes (120) using the z-score formula: z = (x - μ) / σ. In this case, z = (120 - 100) / 10 = 2.
Finally, we can use a standard normal distribution table or calculator to find the probability that a z-score is greater than 2. The probability is approximately 0.0228, or 2.28%.