BINOMIAL PROBABILITY DISTRIBUTION | Introduction : Concept, Definition and Assumptions with Examples

In this video we will learn about BINOMIAL DISTRIBUTION in easy way. first we see with an example how BINOMIAL DISTRIBUTION formula generated and then its assumptions and definitions. NOTE:- Please consider q ki power 10-6= 4 failures. I just written q ki power as 10-6 instead of 10-4. Assumptions of Binomial Distribution 1. Number of trials are finite. 2. Each trial is independent of the others. 3. There are only two possible outcomes in each trial i.e. success and failure. 4. The probability of success is constant in each trial. #BinomialDistribution #discreteprobabilitydistribution Useful video for B.TECH, B.Sc., M.COM, MBA, 12th class students. LINK FOR RANDOM VARIABLE AND ITS TYPES    • RANDOM VARIABLE | DISCRETE AND CONTINUOUS ...   LINK FOR DISCRETE RANDOM VARIABLE: PMF, CDF, MEAN, VARIANCE , SD ETC.    • Discrete Probability Distribution  | PMF,C...   PLAYLIST FOR ALL VIDEOS OF PROBABILITY https://www.youtube.com/watch?v=hXeNr... PLAYLIST FOR TIME SERIES VIDEOS https://www.youtube.com/watch?v=XK0CS... PLAYLIST FOR CORRELATION VIDEOS https://www.youtube.com/playlist?list... PLAYLIST FOR REGRESSION VIDEOS https://www.youtube.com/watch?v=g9TzV... PLAYLIST FOR CENTRAL TENDANCY (OR AVERAGE) VIDEOS https://www.youtube.com/watch?v=EUWk8... PLAYLIST FOR DISPERSION VIDEOS https://www.youtube.com/watch?v=nbJ4B... #randomvariable #probability #beinggourav 👉 SUBSCRIBE : https://www.youtube.com/Gouravmanjrek... 👆👆👆 Thanks and Regards Team BeingGourav.com ~-~~-~~~-~~-~ Please watch: "UNBALANCED ASSIGNMENT PROBLEM IN OPERATION RESEARCH | USING HUNGARIAN METHOD | Lecture 03"    • Unbalanced Assignment Problem | Using Hung...   ~-~~-~~~-~~-~