A labor statistician claims that 6% of the labor forces will be laid off likely to pandemic impact. In a random sample of 547 employees, 44 of them will be likely to be laid off. You walk in a city and ask people if they will be likely laid off. What is the probability that on the 10th people you asked was the first instance who answered "yes"?
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 labor statistician claims that 6% of the labor forces will be laid off likely to pandemic impact. In a random sample of 547 employees, 44 of them will be likely to be laid off.
- You walk in a city and ask people if they will be likely laid off. What is the
probability that on the 10th people you asked was the first instance who answered "yes"?
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