Binomial Distribution in Business Statistics

Mean and Variance of Binomial Distribution, Solved Examples binomial distribution If the probability of success on an individual trial is p , then the binomial probability is n C x ⋅ p x ⋅ n − x binomial distribution The mean of a binomial distribution is p and its standard deviation is sqr(pn) The shape of a binomial distribution is symmetrical when p= or when n

normal distribution From question 4 , calculate the probability of getting three or less heads in five tosses of a coin The Binomial Distribution for Unequal Probabilities If