16% of individuals insured by AllState have received at least one traffic ticket. For a sample of 135 insured individuals, what is the probability that between 14 and 27 of them have received at least one ticket? (Round to four decimals).
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.
16% of individuals insured by AllState have received at least one traffic ticket.
For a sample of 135 insured individuals, what is the
From the provided information,
16% of individuals insured by All State have received at least one traffic ticket.
That is p = 0.16
Sample size (n) = 135
The mean and standard deviation can be obtained as:
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