The 2 Parameter Binomial Discrete Distribution 4 Formulas
This is part of a short series on the common life data distributions.
The Binomial distribution is discrete. This short article focuses on 4 formulas of the Binomial Distribution.
It has the essential formulas that you may find useful when answering specific questions. Knowing a distribution’s set of parameters does provide, along with the right formulas, a quick means to answer a wide range of reliability related questions. [Read more…]