he proprietor of Cunninghams hardware store has decided to install floodlights on the premises as a measure against vandalism and theft. If the probability is 0.001 that a certain brand of floodlight will burn out within a year, find the minimum number of floodlights that must be installed to ensure that at least one of them will remain functional for the whole year is at least 0.9999
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.
the proprietor of Cunninghams hardware store has decided to install floodlights on the premises as a measure against vandalism and theft. If the probability is 0.001 that a certain brand of floodlight will burn out within a year, find the minimum number of floodlights that must be installed to ensure that at least one of them will remain
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