Binomial probability distribution, Mathematics

Assignment Help:

Binomial Probability Distribution

Binomial probability distribution is a set of probabilities for discrete events. Discrete events are those whose outcomes or results can be counted. Binomial probabilities are usually encountered in business situations for illustration, in quality control activities the binomial probabilities are frequently used especially when finding the probability of having a specific number of defective items in a given consignment.

- The binomial probability distribution is generally characterized by the fact that the binomial events have to fulfill the given properties

i. Each event has 2 possible outcomes only termed as success or failure

ii. The probability of each outcome is independent of the previous outcomes

iii. The sample size is usually fixed

iv. The probabilities of success and failure tend to approach 0.5 if the sample size raises (in the event while an unbiased coin is thrown a number of times)


Related Discussions:- Binomial probability distribution

Definition of functions, Definition: An equation is considered as function...

Definition: An equation is considered as function if for any x in the domain of the equation (the domain is the entire x's which can be plugged into the equation) the equation wil

What is the connecticut sales tax on this item, Connecticut state sales tax...

Connecticut state sales tax is 6%. Lucy purchases a picture frame in which costs $10.50 What is the Connecticut sales tax on this item? Find out 6% of $10.50 by multiplying $10

How much is the volume increased, If the lengths of all sides of a box are ...

If the lengths of all sides of a box are doubled, how much is the volume increased? a. 2 times b. 4 times c. 6 times d. 8 times d. The volume of a box is taken by mu

In how many years is the population expected to be 42, The population of a ...

The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke 0.1t where k is a constant and t is the time in years.

Algebra 1, Im having trouble with this word problem: The three Math Idol j...

Im having trouble with this word problem: The three Math Idol judges have been eliminating contestants all day! The number of one-step equations and two-step equations who have be

What is stem-and-leaf plots, Q. What is Stem-and-Leaf Plots? Ans. ...

Q. What is Stem-and-Leaf Plots? Ans. A stem-and-leaf plot is a table that provides a quick way to arrange a set of data and view its shape, or distribution. Each data val

Function to convert a complex number in algebraic form, Go back to the com...

Go back to the complex numbers code in Figures 50 and 51 of your notes. Add code fragments to handle the following: 1. A function for adding two complex numbers given in algeb

Circle, prove that - there is one and only one circle passing through three...

prove that - there is one and only one circle passing through three non - collinear points

Fact of the wronskian method, Given two functions f(x) and g(x) which are d...

Given two functions f(x) and g(x) which are differentiable on some interval I  (1) If W (f,g) (x 0 ) ≠ 0 for some x 0 in I, so f(x) and g(x) are linearly independent on the int

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