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1.

Properties of the Binomial Distribution:


a) The number of trials, n, is fixed.
b) Each trial is independent.
c) Each trial has only two possible outcomes ("success" or "failure").
d) The probability of "success", p, is the same for each trial.

2. Probability of getting k success, out of n trials where p is probability of success = nCk (p)^k *(1-p)^(n-k) OR
Using Excel,
P(X=k) =BINOMDIST(k,n,p,FALSE).

3. Using Excel:
P(X <= k)= BINOMDIST(k, n, p, TRUE) where k is constant, X is no of successes, n number of trials, p probability of successes.
P(X > k) = 1 - P(X <= k)
= 1 - BINOMDIST(k, n, p, TRUE).

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