Understanding Binomial Probability Distribution : Excel Tutorial | Dr. Gonsalge Almeida

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Learn How to Calculate Binomial Probabilities Using Excel! 📈
I’ll guide you in calculating binomial probabilities, mean, variance, and standard deviation using Excel formulas in this Excel tutorial. Whether you’re a student, researcher, or data analyst, this video will help you easily apply the Binomial Probability Distribution to real-world scenarios!

🔹 What You’ll Learn in This Excel Tutorial:
Understanding Binomial Probability Distribution
Checking the 4 Conditions for a Binomial Experiment
Using the Binomial Probability Formula
Manually Calculating Binomial Probabilities in Excel
Using Excel’s Built-in Function for Binomial Probabilities
Finding Mean, Variance, and Standard Deviation in Excel

📌 Excel Formulas Used in This Tutorial:
📍 Manual Calculation of Binomial Probability:
=COMBIN(n, k) * (p^k) * (q^(n-k))

📍 Using Excel’s Built-in Function:
=BINOM.DIST(k, n, p, FALSE)

📍 Calculating Mean (Expected Value):
=n * p

📍 Finding Variance:
=n * p * q

📍 Calculating Standard Deviation:
=SQRT(Variance)

💡 Who Should Watch This?
✔️ Students learning probability and statistics
✔️ Data analysts & researchers working with probability distributions
✔️ Excel users who want to improve their analytical skills
Got questions? Drop them in the comments below! ⬇️
📥 Download the dataset

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