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A little magnetic compass has a needle whose tips are clearly labeled N and S. The compass is placed next to a single circular loop of wire lying flat on a wooden table. The current in the loop is clockwise. What happens?
Binomial Probability
The probability of obtaining a specific number of successes in a fixed number of independent trials, with two possible outcomes.
Success
The accomplishment of an aim or purpose.
Probability Distribution
A function that describes the likelihood of obtaining the possible values that a random variable can assume.
Expected Value
The long-run average value of a random variable over numerous trials, a fundamental concept in probability.
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