(Basic Statistics for Citizen Data Scientist) Binomial Distribution Definition 1: Suppose an experiment has the following characteristics: the experiment consists of n independent trials, each with two mutually exclusive outcomes (success and failure) for each trial the probability of success is p (and so the probability of failure is 1 – p) Each such trial is called a Bernoulli trial. Let x be the discrete … Continue reading Statistics for Beginners in Excel – Binomial Distribution