A graduating student keeps applying for jobs until she has three offers. The probability of getting an offer at any trial is 0.48. Suppose she has time for at most six applications. For what minimum value of p can she still have 95% confident of getting three offers within the available time?
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.
A graduating student keeps applying for jobs until she has three offers. The
Suppose she has time for at most six applications. For what minimum value of p can she still have 95% confident of getting three offers within the available time?
Step by step
Solved in 2 steps with 1 images
