After watching this video, you should be able to:
- Understand the concepts of Bernoulli trials and the concept of a binomial random variable as the number of ‘successes’ in 𝑛 independent Bernoulli trials, with the same probability of success 𝑝 in each trial.
- Identify context suitable for modelling by binomial random variables.
- Determine and use the probabilities 𝑃(𝑋=𝑟)=((𝑛C𝑟)) 𝑝^𝑟 (1−𝑝)^(𝑛−𝑟) associated with the binomial distribution with parameters 𝑛 and 𝑝.