Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the payroll system. If 10% of the 5,000 payroll vouchers issued since January 1, 2018, have irregularities, the probability that Pinky's random sample of 200 vouchers will have a sample proportion greater than .06 is closest to ___________. 0.0588 0.9876 0.4706 0.9412 0.9706
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.
Pinky Bauer, Chief Financial Officer of Harrison Haulers, Inc., suspects irregularities in the payroll system. If 10% of the 5,000 payroll vouchers issued since January 1, 2018, have irregularities, the probability that Pinky's random sample of 200 vouchers will have a sample proportion greater than .06 is closest to ___________.
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