Suppose that an average of 10 customers per hous arrive at a shop according to a poisson procee. What is the probability that the shopkeeper will have a customer within 20 minutes of opening the store? What is the probability that shopkeeper will wait more than an hour before having three customers?
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.
Suppose that an average of 10 customers per hous arrive at a shop according to a poisson procee.
What is the probability that the shopkeeper will have a customer within 20 minutes of opening the store? What is the probability that shopkeeper will wait more than an hour before having three customers?
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