A tire company produced a batch of 6,700 tires that includes exactly 230 that are defective.   a. If 4 tires are randomly selected for installation on a​ car, what is the probability that they are all​ good? b. If 100 tires are randomly selected for shipment to an​ outlet, what is the probability that they are all​ good?  Should this outlet plan to deal with defective tires returned by​ consumers?

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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.