Dartmouth Distribution Warehouse makes deliveries of a large number of products to its customers. It is known that 82% of all the orders it receives from its customers are delivered on time. Let the proportion of orders in a random sample of 100 that are delivered on time. Find the probability that the value of hat p will be less than 0.87 .
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.
Dartmouth Distribution Warehouse makes deliveries of a large number of products to its customers. It is known that 82% of all the orders it receives from its customers are delivered on time. Let the proportion of orders in a random sample of 100 that are delivered on time. Find the probability that the value of hat p will be less than 0.87 .
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