In 2008, 26.2% of Americans were college graduates. The probability that a college graduate used direct deposit with his or her financial Institution was .78. For non-college graduates, the probability was .62. Suppose a person used direct deposit. Find the probabilities that a person Is a college graduate 30873821 Preview Is not a college graduate

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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.