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Quantitive Methods > Probability Binomial & Poisson > Flashcards

Probability Binomial & Poisson Flashcards

1
Q

What is p?

A

Probability of success

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2
Q

What is n?

A

Number of trials

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3
Q

What is q?

A

The probability of failure

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4
Q

What is the complementary rule for mutually exclusive events?

A

q = 1 - p

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5
Q

What is r?

A

The number of successes in n trails

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Quantitive Methods (11 decks)

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