Walmart Hypermarket held a lucky draw contest. Those spendingminimum of RM 100 at the supermarket are eligible to participate in thecontest. The first and the second prizes are RM 1200 and RM 1000respectively, and 5 consolation prizes worth RM 500 each to be won. Eachwinner can only win one prize for the contest. Find the probability distributionof the net earnings earned if a customer spend RM 100 and join the contest at the supermarket if the total number of participants is 250?
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.
Walmart Hypermarket held a lucky draw contest. Those spending
minimum of RM 100 at the supermarket are eligible to participate in the
contest. The first and the second prizes are RM 1200 and RM 1000
respectively, and 5 consolation prizes worth RM 500 each to be won. Each
winner can only win one prize for the contest. Find the
of the net earnings earned if a customer spend RM 100 and join the contest at the supermarket if the total number of participants is 250?
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