Notation Assume that we want to find the probability that when five consumers are randomly selected, exactly two of them are comfortable with delivery by drones. Also assume that 42% of consumers are comfortable with the drones (based on a Pitney Bowes survey). Identify the values of n, x, p , and q
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.
Notation Assume that we want to find the probability that when five consumers are randomly selected, exactly two of them are comfortable with delivery by drones. Also assume that 42% of consumers are comfortable with the drones (based on a Pitney Bowes survey). Identify the values of n, x, p , and q
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