In the past 3 years, you had 150 grant applications submitted, with 102 of the applications meeting your minimum requirements to receive a grant. This year, 42 applications were submitted. Out of the first 20 applications you pick up, what is the probability that 50% or less will fail to meet the minimum requirements? I. What distribution have you chosen and why did you make this selection?
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 the past 3 years, you had 150 grant applications submitted, with 102 of the applications
meeting your minimum requirements to receive a grant. This year, 42 applications were
submitted. Out of the first 20 applications you pick up, what is the
will fail to meet the minimum requirements?
I. What distribution have you chosen and why did you make this selection?
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