5.2 - The Binomial Distribution
Discrete Probability Distributions
Overview
Discrete probability distributions model scenarios with discrete outcomes, with a focus on the binomial distribution.
Topics
5.1 Discrete Random Variables and their Probability Distributions
5.2 The Binomial Distribution
5.3 Other Discrete Probability Distributions
The Binomial Distribution
Definition: A discrete probability distribution used for experiments with two outcomes: success and failure.
Conditions:
Fixed number of trials (n).
Trials must be independent and identical.
Outcomes classified into two events: success and failure.
Probabilities of success (p) and failure (q = 1 - p) remain constant.
Binomial Formula
Random Variable X: Represents the number of successes in n Bernoulli trials.
Probability of success on any trial is p; probability of failure, q = 1 - p.
Calculating Probability
Example 1:
Variables: n = 10, p = 0.8, find P(X = 6).
Example 2:
Experiment: Drawing 5 cards without replacement. Calculate probabilities of face cards.
Example 3:
Experiment: Coin flips until Tails appears. Calculate probability for Tails on 7th toss.
Properties of the Binomial Probability Distribution
Expected Value and Variance: Helps analyze expected outcomes and variability in binomial settings.
Coffee Chain Example:
Promotion analyzing probability of winning prizes with 300 million cups, resulting probabilities will inform the likelihood of winning.
Using a Binomial Table
A binomial table simplifies the process of calculating probabilities for various outcomes without reapplying the binomial formula.
Expected Value, Variance, and Standard Deviation
Formulas:
Expected Value: E(X) = n * p
Variance: Var(X) = n * p * q
Standard Deviation: SD = √(n * p * q)
Application Example:
Calculate expected prizes, variance, and use Chebyshev’s Theorem to predict outcomes based on statistical data.