Statistician Question:
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Explain binomial probability formula?
Answer:
P(x)= p x q n-x n!/[(n-x)!x!]
where n = number of trials
x = number of successes among n trials
p = probability of success in any one trial
q = 1 -p
where n = number of trials
x = number of successes among n trials
p = probability of success in any one trial
q = 1 -p
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