You and a friend are big soccer fans and are debating the possibility that FC Barcelona will win the final of the UEFA Champions League against Manchester United. You are supporting Manchester United, but your friend tells you that the bookmakers have given the following odds for the game: 2:8 (Manchester United vs. FC Barcelona). What is the probability that Manchester United will win?
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.
You and a friend are big soccer fans and are debating the possibility that FC Barcelona will win the final of the UEFA Champions League against Manchester United. You are supporting Manchester United, but your friend tells you that the bookmakers have given the following odds for the game: 2:8 (Manchester United vs. FC Barcelona). What is the
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