XYZ Corp has filed 100,000 purchase orders during its existence. 1100 of those purchase orders have had errors. Using empirical probability, the probability of the next purchase order that XYZ processes having an error is what.
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.
XYZ Corp has filed 100,000 purchase orders during its existence. 1100 of those purchase orders have had errors. Using empirical
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