What is a Binomial Distribution? Overview
A binomial distribution can be thought of as simply the probability of a SUCCESS or FAILURE outcome in an experiment or survey that is repeated multiple times.
The first variable in the binomial formula, n, stands for the number of times the experiment is performed. The second variable, p, represents the probability of one specific outcome. For example, let’s suppose you wanted to know the probability of getting a 1 on a die roll. if you were to roll a die 20 times, the probability of rolling a one on any throw is 1/6. Roll twenty times and you have a binomial distribution of (n=20, p=1/6). SUCCESS would be “roll a one” and FAILURE would be “roll anything else.” If the outcome in question was the probability of the die landing on an even number, the binomial distribution would then become (n=20, p=1/2). That’s because your probability of throwing an even number is one half.
What is a Binomial Distribution? The Bernoulli Distribution.
The binomial distribution is closely related to the Bernoulli distribution. According to Washington State University, “If each Bernoulli trial is independent, then the number of successes in Bernoulli trails has a Binomial Distribution. On the other hand, the Bernoulli distribution is the Binomial distribution with n=1.”
A Bernouilli distribution is a set of Bernouilli trials. Each Bernouilli trial has one possible outcome, chosen from S, success, or F, failure. In each trial, the probability of success, P(S)=p, is the same. The probability of failure is just 1 minus the probability of success: P(F) = 1-p. (Remember that “1” is the total probability of an event occurring…probability is always between zero and 1). Finally, all Bernouilli trials are independent from each other and the probability of success doesn’t change from trial to trial, even if you have information about the other trials’ outcomes.
What is a Binomial Distribution? Real Life Examples
Many instances of binomial distributions can be found in real life. For example, if a new drug is introduced to cure a disease, it either cures the disease (it’s successful) or it doesn’t cure the disease (it’s a failure). If you purchase a lottery ticket, you’re either going to win money, or you aren’t. Basically, anything you can think of that can only be a success or a failure can be represented by a binomial distribution.
WSU. Retrieved Feb 15, 2016 from: www.stat.washington.edu/peter/341/Hypergeometric%20and%20binomial.pdf