Binomial Distribution in PythonA key idea in probability theory and statistics is the binomial distribution. It explains the likelihood of attaining specific successes in a set number of independent Bernoulli trials, where each trial may only result in success or failure. Following are the Main Features of the Binomial Distribution:
P(X=k) = (nCk) .pk. (1-p)n-k Where:
To obtain distribution we have to import some libraries Examples 1: Coin Flips Take a fair coin and toss it ten times. Count how many times it lands heads up. Every flip has two outcomes: heads (success) or tails (failure). Output: Example 2: Test pass rates Each question on a multiple-choice test has four possible answers. A student guesses at random the solutions to a 20-question test. What is the probability that the student will pass if at least ten questions are answered correctly? Output: Example 3: Manufacturing Defects 100 products are randomly selected from a production process, and the quantity of faulty goods is tallied. What is the likelihood of discovering precisely 10 faulty goods if the chance of a defective item is 0.1? Example 4: Online Advertising Click-Through Rates Consider that you are managing an internet advertising campaign and are aware that historically, your adverts have a click-through rate (CTR) of 0.1 (10%). You want to know the chance of receiving a specific number of clicks out of every 100 impressions while running a new advertisement. Example 5: Quality Control in Manufacturing Consider examining 500 light bulbs, of which 5% traditionally exhibit flaws. You need to estimate the likelihood of discovering a specific number of faulty bulbs in the batch. Next TopicPyGal Library in Python |
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