Of 300 male and 270 female employees at the home office of Gibraltar Insurance Company, 140 of the men and 190 of the women are on flex-time (flexible working hours). Given that an employee selected at random from this group is on flex-time, what is the probability that the employee is a man? (Round your answer to three decimal places.)
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.
Of 300 male and 270 female employees at the home office of Gibraltar Insurance Company, 140 of the men and 190 of the women are on flex-time (flexible working hours). Given that an employee selected at random from this group is on flex-time, what is the probability that the employee is a man? (Round your answer to three decimal places.)
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