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Based on Rohan's sample of 50 M&M's, where 8 were red, we can calculate the percentage of red M&M's in the sample: 8/50 = 0.16 or 16%.
If we assume that this percentage holds true for the entire bag of 500 M&M's, we can predict the number of red M&M's in the bag by multiplying the total number of M&M's by this percentage: 500 x 0.16 = 80.
Therefore, I would predict that there are approximately 80 red M&M's in the bag.