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What are some typical applications of the Binomial and the Poisson probability distribution? Explain with examples. When is the Hypergeometric distribution used?
Binomial distribution or Bernoulli process propounded by Mr. jacob Bernoulli. It satisfy the following condition:
1. It expresses the probability of a number of events.
2. Probability of outcome is fixed over a time.
3. Independent of the time since the last event.
Application of Binomial Distribution under following conditions:
• n" Identical trials
E.g.: 15 tosses of a coin; 10 light bulbs taken from a warehouse
• Two ...
This discusses the typical applications of the Binomial and the Poisson probability distribution.