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Hello!
I need some help. As we know binomial distribution is nothing more than several times repeated bernulli random experiment. Bernulli random experiment has 2 outcomes: 0 and 1. So X = 0; 1. In case of Binomial model we have several Xs. Xi = X1 + X2 + ... +Xn. And its expectation and variance are computed by decomposing that total X into n Xs. X = X1 + X2 + ... +Xn and then finding its mean and variance. Where Xs are uncorrelated. What I dont understand is the meaning of total X. Does it represent the total number of successes? Or total number of outcomes?
Thank you
I need some help. As we know binomial distribution is nothing more than several times repeated bernulli random experiment. Bernulli random experiment has 2 outcomes: 0 and 1. So X = 0; 1. In case of Binomial model we have several Xs. Xi = X1 + X2 + ... +Xn. And its expectation and variance are computed by decomposing that total X into n Xs. X = X1 + X2 + ... +Xn and then finding its mean and variance. Where Xs are uncorrelated. What I dont understand is the meaning of total X. Does it represent the total number of successes? Or total number of outcomes?
Thank you