A time series contains 50 observations. What is the probability that the number of runs isa. no more than 14?b. fewer than 16?c. greater than 28?
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 time series contains 50 observations. What is the
a. no more than 14?
b. fewer than 16?
c. greater than 28?
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