MathCastle
Counting & ProbabilityChallengeRecursion, Catalan Numbers & Generating Functions

Recursion, Catalan Numbers & Generating Functions · Challenge problem

Tickets cost $5\$5. Twelve people wait in line: seven will pay with a $5\$5 bill and five with a $10\$10 bill. The cashier starts with no money and gives each $10\$10 payer a $5\$5 bill in change. If all (125)\binom{12}{5} orders of the kinds of bills are equally likely, what is the probability that the cashier is never unable to make change? Express your answer as a common fraction.