One deck of card, u have total 330 chips, total 75 hands per game, u have to bet every hand with at least one chip in these 75 hands, u will win 25 hands total and lose 50 hands. Every hand is either lose or win. How could u win at least one chip at the end of the game with just 25 wins out of 75 and bet every hand with total 330 chips.
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.
One deck of card, u have total 330 chips, total 75 hands per game, u have to bet every hand with at least one chip in these 75 hands, u will win 25 hands total and lose 50 hands. Every hand is either lose or win. How could u win at least one chip at the end of the game with just 25 wins out of 75 and bet every hand with total 330 chips.
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 2 images
