Binomial Distribution: Probability, Mean and Variance

What this note covers

1. Bernoulli Trials and the Conditions for a Binomial Setting
2. The Binomial Probability Formula
3. Constructing and Interpreting the Probability Distribution Table
4. Mean (Expected Value) of a Binomial Distribution
5. Variance and Standard Deviation of a Binomial Distribution
6. Solving Problems Involving Cumulative Probabilities and Inequalities
7. Using Parameters to Describe and Compare Binomial Distributions

7 sections · 12 key terms & formulas · 6 common mistakes