Buses arrive at the station according to a Poisson process at a rate of lambda = 0.4 per minute. Assume at the starting condition is time = 0. Imagine when a bus stops, the probability 1 person gets off at the bus station is p = 0.7, and the probability 2 people

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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.