Binomial Distribution

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Binomial Distribution Definition

A family of discreet probability density functions, which models systems that meet the following requirements: 1) the number of trials (n) is fixed; 2) there are only two outcomes for each trial, success or failure; 3) the outcome of each trial is independent; and 4) all trials have the same probability (p) of success. Binomial distributions show the likelihood of the number of successful trials versus the total number of trials.

Binomial Distribution Synonyms

Terms in Binomial Distribution category

Negative Binomial Distribution