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Index There are three characteristics of a binomial experiment: Hwlp are a fixed number of trials. Think of trials as repetitions of an experiment. The letter n denotes the number of trials. There are only two possible outcomes, called success and failure, for each trial.

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Binomial Distribution The characteristics of a binomial experiment are: There are a fixed number of trials. Think of trials as repetitions of an experiment. There are only 2 possible outcomes, called "success" and, "failure" for each trial. The n trials are independent and are repeated using identical conditions.

The values of Annual Sales are stored in column J. The picture shown above contains the output of mean, standard deviation, skewness, 5-number summary, and the interquartile range IQR for each of Witj variables from SqFt to Annual Sales.

There are a fixed number of trials. Think of trials as repetitions of an experiment. The letter n denotes the number of trials.

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Calculate and interpret the mean and standard deviation of a binomial distribution. Find probabilities involving several values of a binomial random variable. Use technology to calculate binomial probabilities.