Chapter 8- The Binomial Probability Distribution

Question 1

Bernoulli process

Answer 1

A process in which the outcome of any trial can be classified into one of two mutually exclusive and jointly exhaustive outcomes, and each trial is independent of all other trials.

Question 2

binominal probability distribution

Answer 2

A discrete probability distribution for phenomena that can be described by a Bernoulli process.

Question 3

combination

Answer 3

The number of ways a group of items can be clustered into subsets of similar size (such as a combination of five things taken three at a time).

Question 4

expected value

Answer 4

The sum of the products of all the values that can be attained and the respective probabilities of their attainment.

Question 5

independent trial

Answer 5

Not affected by previous trials.