dent of a computer manufacturing firm states that there is a 70% chance that industry shipments of notebook computers will double in the next 5 years. This is ... Select one:
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.
The president of a computer manufacturing firm states that there is a 70% chance that industry shipments of notebook computers will double in the next 5 years. This is ...
empirical
subjective probability
priori probability
Step by step
Solved in 2 steps