t the Express House Delivery Service, providing high-quality service to customers is the top priority. The company guarantees a refund of all charges if a package it is delivering does not arrive at its destination by the specified time. It is known from past data that despite all efforts, 2% of the packages mailed through this company do not arrive at the destinations within the specified time. Suppose a corporation mails 10 packages through Express House Delivery Service on a certain day. Find the probability that at exactly one of these packages will not arrive at its destination within the specific time.
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.
At the Express House Delivery Service, providing high-quality service to customers is the top priority. The company guarantees a refund of all charges if a package it is delivering does not arrive at its destination by the specified time. It is known from past data that despite all efforts, 2% of the packages mailed through this company do not arrive at the destinations within the specified time. Suppose a corporation mails 10 packages through Express House Delivery Service on a certain day.
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