Binomial distribution, Applied Statistics

Assignment Help:

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


Related Discussions:- Binomial distribution

Solve the normal distribution problem, Assume that the normal distribution ...

Assume that the normal distribution applies and find the critical z value(s). A = 0.04; H1 is mean ≠ 98.6 degrees Fahrenheit. Dteremine the value of Z. Find the value of the

Primary and secondary data, Primary and Secondary Data: Primary Data: ...

Primary and Secondary Data: Primary Data: These data are those are collected for the first time. Thus primary data are original in character and gathered   by actual observat

Accelerated failure time model, Accelerated Failure Time Model A basic m...

Accelerated Failure Time Model A basic model for the data comprising of survival times, in which the explanatory variables measured on an individual are supposed to act multipli

the npv of the book , Bill Clinton reportedly was paid $10 million to writ...

Bill Clinton reportedly was paid $10 million to write his book My Way. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speech

Methods of forecasting, Methods of Forecasting  Various techniques whic...

Methods of Forecasting  Various techniques which are generally used in business forecasting are as under: 1.      Forecasting  through the opinion of heads  of department

..National Account- Descriptive Statistics, A country''s national accounts ...

A country''s national accounts are assumed to look as follows: GDP 1180 VAT and taxes 140 Commodity subsidies 60 Raw material and consumables 530 1. Calculate GVA 2. Calculate t

Initial centroids data set, Find unlabeled data set test.txt and initial ...

Find unlabeled data set test.txt and initial centroids data set centroids.txt in the archive, both files have the following format: [attribute1_value attribute2_value ...

Compute the sample mean and sample standard deviation, We want to investiga...

We want to investigate the income data.  In the Excel file Midterm  Data.xls there is a tab labeled "Income Data 2006".  The data in the tab is the income reported by 400 people in

Standard deviation, Standard Deviation The main drawback of the deviati...

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

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd