Experience has shown that one out of every four customers who place an order with an internet retail site make a donation to charity. If we randomly select a sample of 12 customers, what is the probability that less than three will make a donation to charity? Interpret your answer.
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.
Experience has shown that one out of every four customers who place an order with
an internet retail site make a donation to charity. If we randomly select a sample of
12 customers, what is the
charity? Interpret your answer.
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