rafflefor a cause. a raffle is held to raise funds for a charity event. a raffle ticket cost 150 pesos and there are two thousand tckets to be sold. only one ticket holder will win a prize of 150,000 pesos. consturct the probability distribution of discrete random variable, compute for the expected value and interpret the result
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.
rafflefor a cause. a raffle is held to raise funds for a charity event. a raffle ticket cost 150 pesos and there are two thousand tckets to be sold. only one ticket holder will win a prize of 150,000 pesos. consturct the probability distribution of discrete random variable, compute for the expected value and interpret the result
Step by step
Solved in 2 steps with 1 images
