The number of forklift topples in an area follows a poisson-process with rate 3 accidents per week. Suppose that we observed one forklift topple in the first week. What is the probability that we will observe at most one forklift topples in the next 2 days?
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.
The number of forklift topples in an area follows a poisson-process with rate 3 accidents per week. Suppose that we observed one forklift topple in the first week. What is the probability that we will observe at most one forklift topples in the next 2 days?
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