Binomial Distribution - Mean, Variance and Moment Generating (MGT) Function Derivation. #binomials

This video demonstrates step by step approach derivation of Mean, Variance and Moment Generating Function of Binomial Distribution. Two methods were employed: first i used mean and variance of discrete random variable then later used the derivative of moment generating function. #statistics #binomialdistribution #binomials #binomial_distribution #binomial #mean #viral

Watch Mean, Variance and Moment Generating Function of Bernoulli here: