Binomial Distribution
What is it?
This distribution with parameters n (number of trials, each one has only two outcomes: success or failure) and p (probability that event happened) is the discrete probability distribution.
Key characteristics:
Number of trials is finite.
The trials sre independent.
Probability of success is constant for each trial.
Each trial can result only in success or failure.
Examples:
The most clear example is tossing a coin.
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