Come up with an example scenario in which you would have a binomial probability distribution to work with.
Suppose, the probability of baby being a boy is 0.5.
Suppose we randomly select 5 babies.
Each outcome or trial is independent from each other.
Suppose we have to find the probability that exactly two babies will be boy.
That is, we have to find P(X=2)
For the above example, we are given
n = 5
p = 0.5
q = 1 – p = 1 – 0.5 = 0.5
Formula for binomial distribution is given as below:
P(X=x) = nCx*p^x*q^(n – x)
P(X=2) = 5C2*0.5^2*0.5^(5 – 2)
P(X=2) = 10*0.5^2*0.5^3
P(X=2) = 0.3125
Required probability = 0.3125
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