3.5 Binomial Distribution Flashcards

1
Q

Equation to calculate expected value

A

E.v = np

Where n is number of trials
And p is the probability

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2
Q

The general layout of binomial distribution

A

X~B(n, p)

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3
Q

When do you use binomial distribution

A
  • 2 possible outcomes eg success/failure
  • trial repeated n times
  • trials are independent
  • probability of success is p and this is constant for all trials
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4
Q

How to calculate binomial distribution

A

P(X=x) = (nCr)(p^x)(q^n-x)

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