Binomial Probability
- We wish to repeat an experiment n times.
- All n trials are independent.
- Each has only two outcomes, success or failure.
- The probability of success or failure remains the same.
- p is the probability of success
- q = 1-p is the probability of failure.
- We would like to know the probability of exactly x successes
- P(x) = nCx pxqn-x