. In a given venture, one can make a profit of PHP 300 or a loss of PHP 100. If the probability of success is 0.6, determine the expected gain.
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.
1. In a given venture, one can make a profit of PHP 300 or a loss of PHP 100. If the
2. A test consists of five questions, and to pass the test, a student has to answer at least three questions correctly. Each question has three possible answers, of which only one is correct. If a student guesses on each question, what is the probability that the student gets a score of 4?
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