Question
I am having a hard time understanding this assignment. Give an example of binomial experiment.Do not use the coin flipping example.Explain your experiment.X is a
I am having a hard time understanding this assignment. Give an example of binomial experiment.Do not use the coin flipping example.Explain your experiment.X is a binomial random variable derived from your binomial experiment and the value of X (for example, 0, 1, 2, and so on.It can go up to your number of trials) is the number of successes in your experiment.Consider following terms when you make your example of binomial experiment and explain each terms in the context ofyour example.
Your example:
Trial. What is your trial?How many trials (which is n) do you have?Why do you think they are independent which is one of required conditions for binomial experiment?
Outcome. What is the success?
The probability of having a success per trial, P.Give the probability value of P. If you are using an experimental (relative frequency) probability, use hypothetical numbers to derive the value of P.
How does P (X=1) differ from " the probability of having a success per trial, P" ?Can you please explain?
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