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binomial distribution
mean (binomial distribution)
μ=np
variance (binomial distribution)
σ2=npq
applications for binomial/multinomial
multinomial distribution
more than 2 possible outcomes
hypergeometric distribution
acceptance sampling
binomial vs hypergeometric
differences in sampling
-binomial requires independent processes WITH replacement
-hypergeometric does not require independence and WITHOUT replacement
negative binomial distribution
geometric distribution
poisson distribution