pany provides free examination of its product for 7 days. If not completely satisfied, a customer can return the product within that period and get a full refund. According to past records of the company, an average of 2 of every 10 p
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.
Seng Hong Electrical Company provides free examination of its product for 7 days. If not completely satisfied, a customer can return the product within that period and get a full refund. According to past records of the company, an average of 2 of every 10 products sold by this company are returned for refund. Using the Poisson distribution formula, find the probability that exactly 6 of the 40 products sold by this company on a given will be returned for a refund.
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