The Binomial Setting (BINS)
The binomial distribution
BINS — Four conditions for a binomial setting:
- Binary: each trial has exactly two outcomes (success or failure)
- Independent: trials are independent of each other
- Number fixed: the number of trials is fixed in advance
- Same probability: each trial has the same probability of success
If BINS conditions are met:
Example: Flip a fair coin 10 times; count number of heads.
- Binary: head or tail ✓
- Independent: flips don't affect each other ✓
- n = 10 fixed ✓
- p = 0.5 for each flip ✓ →