There are 536 identical plastic chips numbered 1 through 536 in a box. What is the probability of reaching into the box and randomly drawing the chip numbered 41? Express your answer as a simplified fraction or a decimal rounded to four 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.
There are 536 identical plastic chips numbered 1 through 536 in a box.
What is the
Total number of possible outcomes=536
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