Why can a binomial distribution be used to model the results of a coin toss?
1 Answer
Nov 4, 2015
The binomial variate can have two possible out comes , a success or a failure.
Explanation:
A coin has only two sides, a head or a tail. We can describe either outcome as a success and the other outcome as a failure. Thus, there are only two possible outcomes and hence, it is better represented by a binomial model.