Binomial Model Flashcards
Conditions for Binomial Setting
- There are a fixed number, n, of observations or trials.
- The n observations are independent.
- Each observation falls into one of just two categories (‘success’ and ‘failure’)
- The probability of a success,p, is the same for each observation
Binomial Distributions
A class of discrete probability distributions that count (X) successes in a binomial setting.
Parameters of Binomial Distribution
Defined by parameters n and p
possible values are whole numbers 0 to n.
Binomial model equation
If k is a value of X~BIN(n,p) then,
𝑃(𝑋 = 𝑘)= (n k)p^k(1-p)^n-k
n = number of observations p = probability of success
Binomial distributions count the number of successes for a fixed number of observation
The probability that the variable takes the values k
Let X be the random variable counting the number of students in an SRS of 4 who have a job. Assuming having a job is equally likely as not having a job.
What is the probability that X = 1?
4 ways: YNNN, NYNN, NNYN, NNNY
Describing binomial distributions
Probability distributions—including the binomial distributions—can be described in terms of shape, centre, and spread
mean: mu = np
standard deviation= sigma=sqr(np(1-p))
-the larger the standard deviation the more spread out the distribution (sd=0.1, skewed)
We can judge the shape of a binomial distribution based on the probability of success