a construction project, the amount of material used in a day’s construction is either 100 units or 200 units, with the corresponding probabilities of 0.60 and 0.40. If the amount of material required in a day is 100 units, the probability of shortage of material is 0.10, whereas if the amount of material required is 200 units, the probability of shortage of material is 0.30. What is the probability of shortage of material in a given day? If there is shortage of material in a given day, what is the probability that the amount of material required that day is 100 units?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
t a construction project, the amount of material used in a day’s construction is either 100 units or 200 units, with the corresponding probabilities of 0.60 and 0.40. If the amount of material required in a day is 100 units, the
If there is shortage of material in a given day, what is the probability that the amount of material required that day is 100 units?
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