Binomial distribution
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The Binomial distribution is a probability distribution. It has discrete values. It counts the number of successes in yes/no-type experiments. There are two parameters, the number of times an experiment is done (n) and the probability of a success (p) Examples are:
- Tossing a coin, 10 times, and counting the number of face-ups. (n=10, p=1/2)
- Rolling a dice, 10 times, and counting the number of sixes. (n=10,p=1/6)
- Suppose 5% of a certain population of people have green eyes. 500 people are picked randomly. The number of green-eyed people will follow a binomial distribution (n=500, p=0.05)