nut Is the probability that the construction stage is over budget? I IIi the event the construction stage is over budget. What is the probability that both stages are over budget? e. 18. Fortune magazine publishes an annual list of the 500 largest companies in the Omted States. The corporate headquarters for the 500 companies are located in 38 different states The following table shows the eight states with the largest number of Fortune 500 compa- nies (Money/CNN website, May 12, 2012). Number of Number of State Companies State Companies California 53 Ohio 28 Illinois Pennsylvania Texas 32 23 New Jersey New York 21 52 50 Virginia 24 Suppose one of the 500 companies is selected at random for a follow-up questionnaire. What is the probability that the company selected has its corporate headquarters in California? a. What is the probability that the company selected has its corporate headquarters in California, New York, or Texas? What is the probability that the company selected has its corporate headquarters in one of the eight states listed above? b. с.

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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.