A series of free Statistics Lectures with lessons, examples & solutions in videos.
This is the eleventh page of the series of free video lessons, “Statistics Lectures”. These lectures introduce the law of large numbers and discuss the binomial distribution.
As a probability experiment is performed many times, the observed value (mean) will arrive at the expected value (mean).
An experiment is a binomial experiment if:
In a recent survey, it was found that 85% of households in the United States have High-speed Internet. If you take a sample of 18 households, what is the probability that exactly 15 will have High-Speed Internet?
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