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 a bank account paying 5% interest per year, compounded 8 times per year, contains 12000 dollars at the end of 20 years. What was the initial amount deposited in the bank account? Round your answer to the nearest integer.
________ dollars
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