What is the process of solving the question below in excel? Suppose a manufacturing process results in one defective product per 100 units. What is the probability that there will be fewer than eight defects in 1000 units produced?
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.
What is the process of solving the question below in excel?
Suppose a manufacturing process results in one defective product per 100 units. What is the
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