“The Cartoon Guide to Statistics” promised readers they would chew over binomial distributions and conditional probability with the same ease with which they enjoyed Spider-Man.
What you're looking at right now, by the way, is known in the business as a binomial distribution, one of THE most fundamental distributions in probability.
And don't worry, I'm going to do a couple of more examples with this because I really want you to get the hang of the binomial distribution before we move into the normal distribution.
And we saw if you actually figured out the probability distribution for this random variable you get that nice binomial distribution that looks a little bit like a bell curve.
And I want to show you that as you take more and more moves the normal distribution becomes a better and better approximation for the binomial distribution.
And then, we actually calculated the expected value for the particular binomial distributions that we studied, especially the one with the flipping of the coin.