The Binomial Distribution Describes the Number of Times an Event

question 46

True/False

The binomial distribution describes the number of times an event occurs in a fixed number of trials.

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Definitions:

Covariance

A measure of the joint variability of two random variables, giving insight into how the variables change together.

Coefficient Of Correlation

A numerical measure that indicates the strength and direction of a linear relationship between two variables, ranging from -1 to 1.

Linear Relationship

A type of correlation where the change in one variable is directly proportional to the change in another variable.

Shape

In statistics, refers to the geometric form of the distribution of a dataset or probability distribution, such as skewness and kurtosis defining its asymmetry and peakedness.