Mail Ordering A mail-order company receives an average of 5 orders per 500 solicitations. Use the Poisson approximation. If it sends out 300 advertisements, find the probability of receiving at least 6 orders. Round the answer to at least four decimal places. The probability is approximately
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.
Mail Ordering A mail-order company receives an average of 5 orders per
If it sends out 300 advertisements, find the probability of receiving at least
The probability is approximately
|
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images