Rida has placed some orders on an online store and she will receive all of them by next week. The probability that the price of received order will be more than Rs 500 is 0.6. What is the probability that the 4th order received is the first one of more than Rs 500? 0.0384 0.002 O 0.165 O No option is correct

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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.