Stocks in a certain industry depreciated by 5.9% in the first 5 months of 1993. Assuming that this trend were to continue, how much (in dollars) would a $30,000 investment be worth in 5 years? [HINT: Five years corresponds to 12 five-month periods.] (Round your answer to the nearest cent.) %24

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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.