A resturant will select 1 card from a bowl to win a free lunch. Jo puts 5 cards in the bowl. the bowl has 100 cards. What are the odds of jo willing a free lunch?
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 resturant will select 1 card from a bowl to win a free lunch. Jo puts 5 cards in the bowl. the bowl has 100 cards. What are the odds of jo willing a free lunch?
Odds in favour:
The odds in favour of the event is given by the ratio of the probability of the event to the probability of compliment of the event. That is, the odds in favour of the event E is as follows.
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