Binomial Distribution Expected Value Formula Explained
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Binomial Distribution Expected Value Formula Explained
Learn how to calculate the expected value of a binomial random variable with this quick guide. If X follows a binomial distribution B(n, p), the formula for the expected value E(X) is E(X) = np, where n is the number of trials and p is the probability of success in each trial. This video is part of our Mathematics & Statistics series, focusing ...
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