Set-up but do not solve the linear program that would be used to complete the following problem. A studio sells photographs and prints. It cost $20 to purchase each photograph and it takes 2 hours to frame it. It costs $25 to purchase each print and it takes 5 hours to frame it. The store has at most $400 to spend and at most 60 hours to frame. It makes $30 profit on each photograph and $50 profit on each print. Find the number of each that the studio should purchase to maximize profits

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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.