(5) The probability of success is always 1
2
because of there are two outcomes.
This is not correct about binomial distribution because the probability of success varies from experiment to experiment. For example when tossing a fair coin, probability of getting a head is 0.5. When tossing a biased coin, the probability of getting a head may be higher or lower depending on the position of bias. Also when rolling a fair dice if 1 was the target number then the probability of a success(getting a 1)would be 1/6.
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