Term
| Binomial probability distribution |
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Definition
| A discrete probability distribution that describes probabilities for experiments in which there are mutually exclusive outcomes |
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Term
| 2 common outcomes of binomial probability distribution |
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Definition
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Term
| 4 criteria for a binomial experiment |
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Definition
1. Performed a fixed number of times
2. The trials are independent
3. The outcome of each trial has 2 possible mutually exclusive outcomes
4. The probability of success is the same for each trial |
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Term
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Definition
| A repetition in an experiment |
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Term
| X, binomial random variable |
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Definition
| The number of successes in n trials of a binomial experiment |
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Term
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Definition
| Independent trials of the experiment |
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Term
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Definition
| The probability of success for each trial; 1-p is the probability of failure |
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Term
| Binomial probability distribution function, P(x) = |
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Definition
nCx p^x(1-p)^n-x
where x = 0, 1, 2,…., n |
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Term
| Cumulative distribution function (cdf) |
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Definition
| Computes probabilities less than or equal to a specified value |
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Term
| Mean/Expected value of a binomial random variable, mewx = |
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Definition
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Term
| Standard deviation of a binomial random variable, sigmax = |
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Definition
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Term
| For a fixed p, as the number of trails n in a binomial experiment increases |
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Definition
| The probability distribution of the random variable X becomes bell-shaped |
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