At a local car dealership, 100 people were injured during the end of year celebration event from those attending the end of year event at the dealership. As of the closing day, 12500 people have attended the event. What is the probability that an individual attended the event and got injured?
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 local car dealership, 100 people were injured during the end of year celebration
event from those attending the end of year event at the dealership. As of the closing day, 12500 people have attended the event. What is the probability that an individual attended the event and got injured?
Given that at the closing day, total people attended the event = 12500
The total people got injured during end of the year celbration event = 100.
Probability = favourable events/total events
Probabability that an individual attended the event got injured = 100/12500 = 0.008
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