Binomial Random Variable

Definition

A binomial random variable represents the number of successes in a fixed number of independent Bernoulli trials, where each trial has the same probability of success.

Related terms

Geometric Distribution: A probability distribution that models the number of trials needed to achieve the first success in a sequence of independent Bernoulli trials with the same probability.

Probability Mass Function (PMF): A function that gives the probability of each possible outcome for a discrete random variable.

Cumulative Distribution Function (CDF): A function that gives the cumulative probabilities for all values less than or equal to a given value for a discrete or continuous random variable.