26. The prob ability of rain on any given Summer d ay is 422. The probability of making protit from ice cream Sales is 33% if it. rainy aday a) deter mihe the probability Of it raining and making Profito fram ice cream SaHes on a Summer day b) deter min, the prabability of it not raining and making profit fram ice cream sales on Summer day.

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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.