Consider a binomial distribution. If the number of trials is increased, what happens to the expected value and to the standard deviation? Explain.
Consider a binomial distribution. If the number of trials is increased, what happens to the expected value and to the standard deviation? Explain.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Consider a binomial distribution. If the number of trials is increased, what happens to the
Expert Solution
Step 1
In a binomial experiment, the probability of obtaining a certain result is given by the following formula:
where
->the required success rate is x.
->p is the probability that a trial will be successful.
->the probability of failing in a single trial is q.
->n is the number being sampled
Example of binomial random variable:
1. Flipping a fair coin 24 times and recording the number of heads that appear.
2. Rolling a die and recording the numbers.
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