The binomial distribution: laws of probability, applications of the binomial distribution, the multinomial distribution
The binomial distribution is the most important of the non-normal distributions. Its most widely used application is estimating the ‘fraction defective’ in industry (the fraction defective is the proportion of articles which fail to meet a given standard, e.g. screws nominally of one inch length may be classed as defective if they are less than 63/64 in. or greater than 65/64 in. long). It is used in public opinion polls to estimate the proportion of the population who hold a certain opinion (e.g. who will vote for a certain political party), and has many other applications.
KeywordsConfidence Limit Binomial Distribution Gambling Problem Multinomial Distribution Double Sampling
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