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why do we need to learn the formula for binomial probability distribution?
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The binomial probability distribution is useful when a total of n independent trials are conducted and we want to find out the probability of r successes, where each success has probability p of occurring. There are several things stated and implied in this brief description. The definition boils down to these four conditions: Fixed number of trials Independent trials Two different classifications Probability of success stays the same for all trials
An example would be the prob. of getting 3 heads when flipping 3 coins.
how would you use it if you had P(r=3) n=5 P=.735 ? I know how to do it in my calculator but I dont understand how to plug it in.
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