Assume that you are trying to assess if a coin is unbiased or not. You toss the coin 100 times, expecting that around 50 of these tosses will be heads if the coin is fair. However, you observe 60 heads in total, and then you claim that coin is biased. What is the probability that your conclusion is false?
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.
Assume that you are trying to assess if a coin is unbiased or not. You toss the coin 100 times, expecting
that around 50 of these tosses will be heads if the coin is fair. However, you observe 60 heads in total, and
then you claim that coin is biased. What is the probability that your conclusion is false?
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