I am studying for my final exam. Following is one of the question model that will be on the final:
Given the probability of a head is $p$ and tails $q$ and a random variable giving number of heads and an average. Calculate expectations and variances using definitions and theorems.
Can someone give me an actual word problem that will look like the above model and an explanation how to do it please? It will help me greatly. Thank you.
I won't give specific problems - as a tutor I find it more constructive for my students to understand the principles rather than memorizing patterns.
The binomial distribution is one of the most fundamental probability distributions out there. It is built from multiple Bernoulli experiments, each of which has only two outcomes - a success and a failure. You should remember the following about the binomial distribution:
Again, the key is to identity the proper parameters. Do some exercises which can easily be found on the internet or your text, and understand how the computations are done.