A small regional carrier accepted 16 reservations for a particular flight with 15 seats. 11 reservations went to regular customers who will arrive for the flight. Each of the remaining passengers will arrive for the flight with a 48% chance, independently of each other. Find the probability that the flight has empty seats. How can you solve this question with microexcel?
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.
A small regional carrier accepted 16 reservations for a particular flight with 15 seats. 11 reservations went to regular customers who will arrive for the flight. Each of the remaining passengers will arrive for the flight with a 48% chance, independently of each other.
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