Probability theory

Binomial probability of k successes

Binomial probability of k successes measures the likelihood of an event on a scale from zero to one.

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P(X=k)=Cₙᵏpᵏ(1−p)ⁿ⁻ᵏ

What it means

Binomial probability of k successes measures the likelihood of an event on a scale from zero to one.

How it works and where it is used

Use this calculation for calculating successes in independent trials with a constant probability.