In a business 45 people work overtime and 84 don't. You are an auditor and want to know what is the probability that if you pick 2 people at least one doesn't work overtime. What is the probability? (answer is something like .67 after rounding to 3 decimals)
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.
In a business 45 people work overtime and 84 don't. You are an auditor and want to know what is the probability that if you pick 2 people at least one doesn't work overtime. What is the probability? (answer is something like .67 after rounding to 3 decimals)
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In a business 45 people work overtime and 84 don't. You are an auditor and want to know what is the probability that if you pick 2 people at least one doesn't work overtime. What is the probability? (answer is something like .67 after rounding to 3 decimals)