Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Binomial Distribution
Binomial distribution was discovered by swiss mathematician James Bernonulli, so this distribution is called as Bernoulli distribution also, this is a discrete frequency distribution.
Assumptions of a binomial Distribution
1. The random experiment is performed repeatedly with a fixed and finite number of trials. N is denoted by number of trials.
2. There are two mutually exclusive possible outcomes on each trial which are known as success and failure success is denoted by whereas failure is denoted by q, and p+q = 1 or q=1-p1.
3. The outcomes of any given trial does not affect the outcomes on subsequent trials means the trials are independent.
4. The probability of success and failure (p&q) remains constant from trial to trial. If in any distribution the p& q does not remain constant that distribution cannot be a binomial distribution, For example the probability of getting head must remain the same in each toss i.e. ½ similarly the probability of drawing 4 balls from a bag containing 6 red and 10 white balls does not change in successive draws with replacement, hence it will be called as binomial distribution .But in contrary to this, if balls are not replaced after each trail then it will not be a binomial distribution.
5. If all above assumptions are satisfied , the probability of exactly r successes in n trials is given by
6. P(n=r)=n crprqn-r
Disadvantages The value of mode cannot always be determined. In some cases we may have a bimodal series. It is not capable of algebraic manipulations. For example, from t
In the early 1990s researchers at The Ohio State University studied consumer ratings of six fast-food restaurants: Borden Burger, Hardee's, Burger King, McDonald's, Wendy's, and Wh
Multivariate analysis involves a set of techniques to analyse data sets on more than one variable. Many of these techniques are modern and often involve quite sophisticated use of
Standard Deviation The main drawback of the deviation measures of dispersion, as discussed earlier, is that the positive and negative deviations cancel out each other. Use of t
WHAT YOU MEAN BY UTILITY OF MANAGERIALECONOMICS
What type of correlation coefficient would you use to examine the relationship between the following variables? Explain why you have selected the correlation coefficients. A. Re
Show how the Normal bin width rule can be modied if f is skewed or kurtotic. Examine the effect of bimodality. Compare your rules to Doane's (1976) extensions of Sturges' rule.
.what job can you after offering that course
.1 Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the
how to compute reliability coefficient for extracted factors in factor analysis?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd