A binomial experiment with n trials, probability of success p, and x successes, has Binomial Probability: P(X=x)=nCx∗px∗(1−p)n−x Where "n choose x" is: (nCx)=n!x!(n−x)! Mean: μ=n∗p Variance: σ=n∗p∗(1−p) Standard Deviation: σ2=n∗p∗(1−p)
Binomial Experiments must have:
p must be between 0 and 1, n and x must be positive integers where n ≥ x
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