A potential issue with the long hit is that the ball might land in the water, which is not a good outcome. Miguel thinks that if the long hit is succesful, his expected value improves to 4.2. However, if the long hit fails and the ball lands in the water. his expected value would be worse and increases to 5.4. c.) Suppose the probability of a successful long hit is 0.4. Which approach, the short hit or the long hit, is better in terms of improving the expected values of the score? Justify your answer.
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 potential issue with the long hit is that the ball might land in the water, which is not a good outcome. Miguel thinks that if the long hit is succesful, his expected value improves to 4.2. However, if the long hit fails and the ball lands in the water. his expected value would be worse and increases to 5.4.
c.) Suppose the probability of a successful long hit is 0.4. Which approach, the short hit or the long hit, is better in terms of improving the
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