If the salesperson makes 15 demonstrations, what is the probability that at least one order will be made
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.
A salesperson goes door-to-door in a residential area to demonstrate the use of a new household appliance to potential customers. At the end of the demonstration, it was found that 1 out of 5 potential customers would place an order for the product.
If the salesperson makes 15 demonstrations, what is the probability that at least one order will be made
The Binomial probability distribution is,
In the formula, n denotes the number of trails, p denotes probability of success, and x denotes the number of success.
The random variable X is defined as the number of customers would place an order for the product which follows binomial distribution with sample size 15 and probability of success 0.2.
Step by step
Solved in 2 steps
