Find the probability of randomly selecting a student who spent the money, given that the student was given a $1 bill. Find the probability of randomly selecting a student who kept the money, given that the student was given a $1 bill. What do the preceding results suggest?
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.
|
|
Purchased Gum
|
Kept the Money
|
|
|---|---|---|---|
|
Students Given Four Quarters
|
28
|
14
|
|
|
Students Given a $1 Bill
|
17
|
35
|
Find the probability of randomly selecting a student who spent the money, given that the student was given a $1 bill.
Find the probability of randomly selecting a student who kept the money, given that the student was given a $1 bill.
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