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Excel Statistics 62: Binomial Experiments & Probabilities
Learn all about the BINOMDIST Excel function for calculating a Binomial probability. Learn about the 4 requirements for a Binomial Experiment. See how to use the COMBIN function to calculate the number of successes, x, in n, number of trials. See how to calculate probabilities using multiplying and adding rules then see the binomial formulas to calculate probabilities for a binomial experiment.