Eight percent of all colleg graduates hired by companies stay with the same company for more than 5 years. The probability that in a random sample of 12 such college graduates hired recently by companies, exactly two will stay with the same company for more than five years is
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.
Eight percent of all colleg graduates hired by companies stay with the same company for more than 5 years. The
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