At a fair, a vendor has 25 helium balloons on strings: 10 balloons are yellow, 8 are red, and 7 are green. A balloon is selected at random and sold. Given that the balloon sold is yellow, what is the probability that the next balloon selected at random is also yellow?
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.
At a fair, a vendor has 25 helium balloons on strings: 10 balloons are
yellow, 8 are red, and 7 are green. A balloon is selected at random and sold.
Given that the balloon sold is yellow, what is the probability that the next
balloon selected at random is also yellow?
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