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Statistics 101: the Binomial Distribution

Towards Data Science

Experiments consisting of a sequence of identical and independent trials resulting in one of two outcomes are known as binomial experiments. Examples of events that follow the binomial distribution…

Fun with the Binomial Distribution

Towards Data Science

Everyone knows and loves the normal distribution. It is used in a huge variety of applications such as investment modeling, A/B testing, and manufacturing process improvement (six sigma). But people…

Binomial distributions in practice

Towards Data Science

Any doubts about the binomial distribution? After reading, you will comfortably use the binomial distributions from both theoretical and practical perspectives.

The Bernoulli and Binomial Distributions

Analytics Vidhya

The probability for a discrete random variable can be summarized with a discrete probability distribution. A discrete random variable is a random variable that can have one of a finite set of…

Binomial And Poisson Distribution

Analytics Vidhya

It is a discrete distribution and describes success or failure of an event. e.g:- In an examination student can either pass or fail , if a coin is tossed it gives either head or tail. In other word…

Demystifying the Binomial Distribution

Towards Data Science

Before we jump into binomial distributions, it is important to understand Bernoulli trials. A Bernoulli trial is a term that is used in probability theory and statistics. It is a trial (an…

Understanding Bernoulli and Binomial Distributions

Towards Data Science

Whenever you are dealing with Random Variables, it is important to identify the probability function associated with them. The latter is a function which assigns to each possible outcome of your…

Binomial Distribution — Practical Intro with Drive-Thru Business Analytic

Towards Data Science

Probability distribution is a very useful statistical tool to estimate the performance or risk hidden in a business activity. Many businesses stakeholders rely on the probability distribution to…

Probability Distribution

Towards Data Science

I’m a data scientist for a mobile application. As a data scientist, you will often draw a random sample from the population to conduct experiments or analyses. With the random sample, you make…

Important Points About Binomial Distribution with Implementation

Python in Plain English

Part 5: Statistics Series Hello, welcome back to the statistics series. I know this is the statistics series for data science and I am talking about a probability distribution, which may sound odd to ...

Bernoulli and Binomial Distributions Explained

Towards Data Science

Often in data science, we focus and obsess over obtaining the holy grail of distributions — the normal distribution. However, two other types of distributions, the Bernoulli and binomial , have many…