The probability is 0.3 that an applicant for a Management Accountant’s job has a post graduate degree, 0.7 that he has had some work experience as a chief Financial Accountant, and 0.2 that he has both. Out of 300 applicants, approximately, what number would have either a post graduate degree or some professional work experience?
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.
Q1:The probability is 0.3 that an applicant for a Management Accountant’s job has a post graduate
degree, 0.7 that he has had some work experience as a chief Financial Accountant, and 0.2
that he has both. Out of 300 applicants, approximately, what number would have either a post
graduate degree or some professional work experience?
Q2
A jar contains 3 red. 5 green, 2 blue and 6 yellow marbles. A marble is chosen at random from
the jar. After replacing it, a second marble is chosen. What is the probability of choosing a
green and then yellow marble?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
