Shoppers can pay for their purchases with cash, a credit card, or a debit card. Suppose that the proprietor of a shop determines that 60% of her customers use a credit card, 30% pay with cash, and the rest use a debit card. Determine the sample space for this experiment. Assign probabilities to the events. c. Which method did you use in part 2
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.
Shoppers can pay for their purchases with cash, a credit card, or a debit card. Suppose that the proprietor of a shop determines that 60% of her customers use a credit card, 30% pay with cash, and the rest use a debit card.
- Determine the
sample space for this experiment. - Assign
probabilities to theevents.
c. Which method did you use in part 2
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