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

Exam, I need to know if the exam will be guarantee to pull my grade up to a...

I need to know if the exam will be guarantee to pull my grade up to a B or an A. I have a D right now so i need to get someone that is willing to put effort on completing it???

Large sample test for mean, Large Sample Test for Mean A random sample ...

Large Sample Test for Mean A random sample of size n (n > 30) has a sample mean    . To test the hypothesis that the population mean μ has a specified value  μ 0  let us formu

Scenario- Superior Health Care System Inc., The management at Superior Heal...

The management at Superior Health Care System Incorporated recently purchased several new facilities including the central patient information management center. This purchase will

Option price binomial tree, Modify your formulas from (1) to compute the pr...

Modify your formulas from (1) to compute the price at time 0 of an American put option with the same contract speci cations in the binomial model. Report the price of the American

Hi, i want assignmrnt help

i want assignmrnt help

Riemannian integral approximations, Investigate the use of fixed and perce...

Investigate the use of fixed and percentile meshes when applying chi squared goodness-of- t hypothesis tests. Apply the oversmoothing procedure to the LRL data. Compare the res

Pneumatic actuator design matrix, Pneumatic Actuator Design Matrix: The ra...

Pneumatic Actuator Design Matrix: The range of actuator design parameters have been provisionally assessed and are presented in Table. You are required to determine the following

Describe the opportunities for statistical learning, 1. Recognize and expla...

1. Recognize and explain the opportunities for statistical learning. 2. Describe how the use of statistics supports student learning. 3. Recognize appropriate data displays a

Probability theory, Origin and Development of probability Theory: The c...

Origin and Development of probability Theory: The credit for origin and development of probability goes to the European gamblers of 17 th century. They  used to gamble  on gam

Regression, Regression line drawn as Y=C+1075x, when x was 2, and y was 239...

Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

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