Add CONTRIBUTION.md file to guide contributors

**Description:**

To improve the onboarding experience for new contributors and maintain consistent contribution standards, we should add a `CONTRIBUTION.md` file to the repository. This file will outline:

* How to set up the development environment
* Coding style and guidelines
* The process for submitting pull requests
* Issue reporting guidelines
* Any other relevant contribution policies

Adding this file will help encourage more contributions and make collaboration smoother.

Please assign this issue to me under hacktoberfest..

Start by inspecting the repository for existing setup instructions, coding standards, pull-request guidance, and issue-reporting documentation. Create CONTRIBUTION.md covering the four requested areas and any relevant contribution policies; done means the file is present, consistent with the project, and useful for new contributors.

Written by the indexing model from the issue text.