Use the formula for the corresponding probability distribution to solve the problem. A manufacturer of television set known that on an average 5% of their product is defective. They sells television sets in consignment of 100 and guarantees that not more than 2 set will be defective. Which probability distribution is appropriate for use in the scenario? What is the value of λ? Write down the formula for the Probability Distribution. What is the probability that the TV set will fail to meet the guaranteed quality? Use e-5 = 0.0067 Find the mean and variance of the distribution.
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.
- Use the formula for the corresponding probability distribution to solve the problem.
A manufacturer of television set known that on an average 5% of their product is defective. They sells television sets in consignment of 100 and guarantees that not more than 2 set will be defective.
- Which probability distribution is appropriate for use in the scenario?
- What is the value of λ?
- Write down the formula for the Probability Distribution.
- What is the probability that the TV set will fail to meet the guaranteed quality?
Use e-5 = 0.0067
Find the mean and variance of the distribution.
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