Gertrude will open a movie theatre in the town of Northern Millstone on July 20th, 2020. Assume the following to be true. If a resident of Northern Millstone patronizes Gertrude’s movie theatre on any given day, the probability that this resident will patronize Gertrude’s movie theatre the next day is .05. If a resident of Northern Millstone does not patronizeGertrude’s movie theatre on any given day, the probability that this resident will not patronize Gertrude’s movie theatre the next day is .9. If 10% of the residents of Northern Millstone patronizeGertrude’s movie theatre on July 20th, 2020, what percent of the residents of Northern Millstone will patronize Gertrude’smovie theatre on July 22nd, 2020?
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.
For problem 3, you can use a computer or a calculator for the matrix multiplication.
3. Gertrude will open a movie theatre in the town of Northern Millstone on July 20th, 2020. Assume the following to be true.
If a resident of Northern Millstone patronizes Gertrude’s movie theatre on any given day, the probability that this resident will patronize Gertrude’s movie theatre the next day is .05.
If a resident of Northern Millstone does not patronizeGertrude’s movie theatre on any given day, the probability that this resident will not patronize Gertrude’s movie theatre the next day is .9.
If 10% of the residents of Northern Millstone patronizeGertrude’s movie theatre on July 20th, 2020, what percent of the residents of Northern Millstone will patronize Gertrude’smovie theatre on July 22nd, 2020?
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