Examlex
The binomial distribution is a discrete distribution that is applied to situations where n independent and identical "trials" occur,with each trial resulting in a "success" or "failure," and where we want to generate the random number of successes in the n trials.
Statistically Significant
A determination that a relationship observed in a dataset is unlikely to have occurred by chance, according to a predefined significance level.
Significance Level
This is the probability of rejecting the null hypothesis when it is true, usually denoted by alpha (α), and used as a threshold for determining statistical significance.
Null Hypothesis
A hypothesis that states there is no significant difference or effect, typically to be tested against an alternative hypothesis.
Expected Number
A statistical term referring to the calculated average or mean value anticipated in a probability distribution or experiment.
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