Probability theory
Binomial standard deviation
Binomial standard deviation measures the typical distance of values from their mean in the original data units.
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σ=√(np(1−p))
- 01Given
- 02Calculation
- 03Answer
What it means
Binomial standard deviation measures the typical distance of values from their mean in the original data units.
How it works and where it is used
Use this calculation for calculating successes in independent trials with a constant probability.