An important part of the customer service responsibilities of a telephone company relates to the speed with which troubles in residential service can be repaired. Suppose past data indicate that the likelihood is 0.70 that troubles in residential service can be repaired on the same day. For the first five troubles reported on a given day, what is the probability that at least three will be repaired on the same day?
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.
An important part of the customer service responsibilities of a telephone company relates to the speed with which troubles in residential service can be repaired. Suppose past data indicate that the likelihood is 0.70 that troubles in residential service can be repaired on the same day. For the first five troubles reported on a given day, what is the
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