Quantitative Methods: Binomial distribution Flashcards
1
Q
What is probability used for?
A
To quantify how likely a set of data was obtained by pure chance
2
Q
What is binomial distribution?
A
discrete probabilistic distribution of the number of events occurring
3
Q
How can simple binomial distributions be computed analytically?
A
Pascal’s triangle
4
Q
A
5
Q
A
