Section 6.2Summary

  1. The most important discrete distribution is the binomial distribution, where two outcomes are possible, each with probability of success and independent trials.
  2. The probability of observing a particular number of successes can be calculated using the binomial probability distribution formula, binomial tables, or technology.
  3. There are formulas for finding the mean, variance, and standard deviation of a binomial random variable, . The mode is the value of with the largest probability.