Allen Abbott has a wide-curving, uphill driveway leading to his garage. When there is a heavy snow, Allen hires a local carpenter, who shovels snow on the side in the winter, to shovel his driveway. The snow shoveler charges $30 to shovel the driveway. Following is a probability distribution of the number of heavy snows each winter: Heavy Snows Probability 1 .13 2 .18 4 .26 5 .23 6 .10 7 .07 .03 1.00 Allen is considering purchasing a new self-propelled snowblower for $625 that would allow him, his wife, or his children to clear the driveway after a snow. Discuss what you think Allen’s decision should be and why.
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.
Allen Abbott has a wide-curving, uphill driveway leading to his garage. When there is a heavy snow, Allen hires a local carpenter, who shovels snow on the side in the winter, to shovel his driveway. The snow shoveler charges $30 to shovel the driveway. Following is a
Heavy Snows | Probability |
1 | .13 |
2 | .18 |
4 | .26 |
5 | .23 |
6 | .10 |
7 | .07 |
.03 | |
1.00 |
Allen is considering purchasing a new self-propelled snowblower for $625 that would allow him, his wife, or his children to clear the driveway after a snow. Discuss what you think Allen’s decision should be and why.
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