You have a job that pays $ 15.50 per hour. If you work more than 40 hours in a week, you make an overtime rate of 23.25 per hour. Estimate how much you will make if you worked 62 hours next week. Carefully described how you estimated your answer.
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.
You have a job that pays $ 15.50 per hour. If you work more than 40 hours in a week, you make an overtime rate of 23.25 per hour. Estimate how much you will make if you worked 62 hours next week. Carefully described how you estimated your answer.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
