Question
Binomial Distribution
Answer :
Word Count : 204
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Binomial distribution is a discrete probability distribution that describes the number of successes in a fixed number of independent trials, where each trial has only two possible outcomes—success or failure. It is widely used in quantitative analysis to model situations involving binary outcomes, such as profit or loss, pass or fail, or defective and non-defective products. The distribution depends on two parameters: the number of trials (n) and the
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