Question 5: A department store prints scratch-and-save discount coupons to distribute to its customers. The numbers for each present discount are shown in the table. Present Discount Number of Each type of discount Available 60% 50 50% 25000 30% 50000 10% 500,000 Determine the expected percent discount.
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.
Question 5: A department store prints scratch-and-save discount coupons to distribute to its customers. The numbers for each present discount are shown in the table.
| Present Discount | Number of Each type of discount Available |
| 60% | 50 |
| 50% | 25000 |
|
30% |
50000 |
| 10% | 500,000 |
Determine the expected percent discount.
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