Binomial and Geometric Distributions¶
Binomial Distributions¶
Counts the number of success
\(X \sim B(n, p)\)
- Fixed number of repeated trials
- Trials are independent
- Two outcomes
- Probability of success is constant
Shape of Binomial Distributions¶
\(p\) in \(X \sim B(n, p)\) determines the skewness
| \(p\) | Skewness |
|---|---|
| \(< 0.5\) | Positive |
| \(= 0.5\) | Symmetrical |
| \(< 0.5\) | Negative |
Mean & Standard Deviation of Binomial Distributions¶
\(\mu_X = np\)
\(\sigma_X = \sqrt{np(1-p)}\)
Probabilities for Binomial Distributions¶
\(P(X=x) = C_n^x \cdot p^x (1-p)^{n-x}\)
Geometric Distributions¶
Counts the number of trials needed to obtain the first success
\(X \sim Geo(P)\)
- Trials are independent
- Two outcomes
- Probability of success is constant
Shape of Geometric Distributions¶
- Geometric distributions always have positive skew
Mean & Standard Deviation of Geometric Distributions¶
\(\mu_X = \dfrac1p\)
\(\sigma_X = \dfrac{\sqrt{1-p}}p\)
Probabilities for Geometric Distributions¶
\(P(X=x) = (1-p)^{x-1} p\)