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Binomial Probability Distribution
A probability distribution that summarizes the likelihood that a variable will take one of two independent values under a given set of parameters or assumptions.
Discrete Probability
Discrete probability involves probability distributions that deal with discrete random variables, which are variables that have specific, countable outcomes, such as rolling a die or flipping a coin.
Binomial Experiment
A statistical experiment that meets the criteria of having a fixed number of trials, each with two possible outcomes, independent trials, and a constant probability of success.
Independent Trials
Refers to experiments or processes in which the outcome of any given trial does not affect the outcomes of future or past trials.
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