. A new computer company is selling laptops and deluxe packages (2 desktops + 2 tablets + gaming system + speakers) through its online store. Let pi be the price of a laptop (in hundreds of dollars) and x be the number of laptops sold. Let på be the price of the deluxe package (in hundreds of dollars) and y be the number of deluxe packages sold. The joint dmeand equations are Pi = 60 – 4x + 2y Pd = 45 + 3x – 2y Laptops cost $400 to produce, the deluxe package costs $1300 to produce, and the weekly fixed costs are $15,000. If the company can produce 100 total combined laptops and deluxe packages each week, find the price of each item that would maximize the company's weekly profit.

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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.