Tamansky Sports Club sells cold sodas at Far East College's home basketball games. In the year 2021, the frequency of distribution of the demand for cups of sodas per day is presented below: (2021 had 360 operating days) Sales Volume in Cups 2,000 Frequency 48 days 80 days 5,000 6,000 144 days 32 days 16 days 8,000 10,000 Required: Determine next years' estimated daily demand for cups of sodas at Far East College's home games using: a. Deterministic approach (based on most likely event) b. Expected value approach

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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.