A3: Suppose a player plays a game of chance with probability 0.3 that they are successful and 0.7 that they fail. i. What is the probability that they will win three times if they play the game 8 times? ii. ‘One of the assumptions of the binomial distribution is that the trials are independent’. Is this statement true or false? Explain. iii. What is the expected value of wins if the player
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.
A3: Suppose a player plays a game of chance with
successful and 0.7 that they fail.
i. What is the probability that they will win three times if they play the game 8
times?
ii. ‘One of the assumptions of the binomial distribution is that the trials are
independent’. Is this statement true or false? Explain.
iii. What is the
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