Question 4/6 Jenny sells two types of lanyards, solid color orstriped. She charges more for striped lanyards thanfor solid color lanyards. The amount of money, indollars, that she collects from selling x lanyards ofone type and y lanyards of the other type can bemodeled by the expression 3x + Sy.What does the variable y represent in thissituation? A. The number of solid color lanyards sold. B. The number of striped lanyards sold. C. The selling price of one solid color lanyard. D. The selling price of one striped lanyard.

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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.