You plan ahead for disaster. Research tells you that there is a probability of 0.05% that electricity goes out due to weather on any given day (E). And the probability that you cannot find candles (C) is 5%, probability that you cannot find matches or lighters (M) is 3%. What is the probability that you do not have light on any given day? In this setting this means that electricity goes out AND you cannot find candles or matches (E and (C or M)). Assume that C and M are mutually exclusive and that E, (C or M) are independent. Express all probabilities as decimal fractions, or as common fractions with denominator 100. Give the answer as integer in a million (the answer is just that integer).
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 plan ahead for disaster. Research tells you that there is a
And the probability that you cannot find candles (C) is 5%, probability that you cannot find matches or lighters (M) is 3%.
What is the probability that you do not have light on any given day?
In this setting this means that electricity goes out AND you cannot find candles or matches (E and (C or M)).
Assume that C and M are mutually exclusive and that E, (C or M) are independent.
Express all probabilities as decimal fractions, or as common fractions with denominator 100. Give the answer as integer in a million (the answer is just that integer).
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