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Binomial Distribution examples in Real Life;
- A real life example of binomial distribution is the performance of students in a given test. Binomial distribution discerns the number of students who passed or failed in the test. Notably, the pass implies success and fail implies failure.
- Another real life example of Binomial Distribution is the introduction of a new vaccine that can be used to cure a disease. The vaccine curing the disease is the trial success and if it does not cure the disease it is considered as a failure.
- The third real life example of Binomial Distribution is winning a bet. In the case of betting, the possibility of winning is the success whereas not winning implies failure.
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