A hotel manager calculates that 12% of the hotel rooms are booked. If the manager is right, what is the probability that the proportion of rooms booked in a sample of 556 rooms would be less than 10%? Round your answer 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.
A hotel manager calculates that 12% of the hotel rooms are booked.
If the manager is right, what is the
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
