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UNIVERSITY SCHOOL OF MANAGEMENT KURUKSHETRA UNIVERSITY www.linkedin.com/in/yatin1 994 YATIN BHARDWAJ 48 MBA (2YR) USM-KUK

Binomial distribution

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Page 1: Binomial distribution

UNIVERSITY SCHOOL OF MANAGEMENTKURUKSHETRA UNIVERSITY

www.linkedin.com/in/yatin1994

YATIN BHARDWAJ48MBA (2YR)USM-KUK

Page 2: Binomial distribution

BY : YATIN ROLL NO. 48 MBA(G)

PRESENTATION ON

BINOMIAL DISTRIBUTION

Page 3: Binomial distribution

INTRODUCTION

Binomial distribution was given by Swiss mathematician James Bernouli(1654-1705) in 1700 and it was first published in 1713. It is also known as ‘Bernouli Distribution’.

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Page 4: Binomial distribution

MEANING...

Binomial distribution is a discrete probability distribution which is obtained when the probability p of the happening of an event is same in all the trials, and there are only two events in each trial.

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Page 5: Binomial distribution

CONTINUE.... E.g... The probability of getting a

head, when a coin is tossed a number of times, must remains same in each toss i.e. P= 1/2

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Page 6: Binomial distribution

CHARACTERISTICS OF BINOMIAL DISTRIBUTION

It is a discrete distribution which gives the theoretical probabilities.

It depends on the parameter p or q, the probability of success or failure and n(i.e. The number of trials). The parameter n is always a positive integer.

The distribution will be symmetrical if p=q. It is skew symmetric or asymmetric if p is not equal to q.

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Page 7: Binomial distribution

CONTINUE...

The statistics of the binomial distribution are: Mean=np, Variance=npq, and Standard deviation = npq

The mode of the binomial distribution is equal to that value of x which has longer frequency.

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Continue...

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Page 9: Binomial distribution

Conditions for binomial distribution The random experiment is performed repeatedly a

finite and fixed number of times. The outcome of the random experiment(trials)

results in the dichotomous classification of events. All the trials are independent. The probability of success in any trial is p and is

constant for each trial. q= 1-p is then termed as the probability of failure and is constant for each trial.

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Page 10: Binomial distribution

E.g... If we toss a fair coin n times(which is fixed and finite), then the

outcome of any trial is one of the mutually exclusive events, viz, head(success) and tail(failure). Further, all the trials are independent, since the result of any throw of coin does not affect and is not affected by the result of other throws.

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Page 11: Binomial distribution

Ques. Ten unbiased coins are tossed simultaneously. Find the probability of obtaining,

(i) Exactly 6 heads(ii) At least 8 heads(iii) No head(iv) At least one head(v) Not more than three heads(vi) At least 4 heads

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