Manuals/calci/BINOMIALPROBABILTY

BINOMIALPROBABILTY (NumberOftrials,NumberOfSuccess,ProbabiltyOfSuccess)

Description

• This function shows the value of Binomial Probability.
• In $BINOMIALPROBABILTY(NumberOftrials,NumberOfSuccess,ProbabiltyOfSuccess)$,$NumberOftrials$ is the number of times of the trials.
• $NumberofSuccess$ is the results of the success.
• $ProbabilityOfSuccess$ is the value of the Probability.
• The binomial probability refers to the probability that a binomial experiment results in exactly x successes.
• Suppose a binomial experiment consists of n trials and results in x successes.
• If the probability of success on an individual trial is P, then the binomial probability is:

$b(x;n,P)=_{n}C_{x}*P^{x}*(1-P)^{n-x}$