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

Main effects and interactions, what is the independent variable in how ener...

what is the independent variable in how energetic do people feel after drinking different types of soft drints?

business forecasting, Explain the characteristics of business forecasting

Explain the characteristics of business forecasting.

Multivariate analysis of variance, Multivariate analysis of variance (MANOV...

Multivariate analysis of variance (MANOVA) is a technique to assess group differences across multiple metric dependent variables simultaneously, based on a set of categorical (non-

Find a nash equilibrium, 2 bidders have identical valuations of an object f...

2 bidders have identical valuations of an object for sale. The value of the object is either 0; 50 or 100, with equal probabilities. The object is allocated to one of the bidders i

Schedule, Schedule Schedule is also used for the collection of primary ...

Schedule Schedule is also used for the collection of primary data. A schedule is a list of question. it is a device of obtaining answer to the questions in a form which is fill

Correlation, Correlation The board of directors of Bata Company is face...

Correlation The board of directors of Bata Company is faced with the problem of estimating what the annual sales might be in a shop to be opened in Bagpur where Bata has not op

Calculate the one year interest rate, A.The coupon rate of Erie-Chicago Rai...

A.The coupon rate of Erie-Chicago Rail is 7%. The interest rate of Florida municipal bond with equal risk is 6%.  At what tax rate the two bonds are as good as each other B.Supp

Index number, Index Number Meaning and Definitions of Index Number ...

Index Number Meaning and Definitions of Index Number The index numbers are the special type of averages which are presented in percentages and computed on certain base.

Binomial distribution, Binomial Distribution Binomial distribution  was...

Binomial Distribution Binomial distribution  was discovered by swiss mathematician James  Bernonulli, so this distribution is called as Bernoulli distribution also, this is a d

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