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Binomial Distribution

    The binomial pdf is the probability of 𝑥 successes in 𝑛 independent trials, where 𝑝 is the probability of success in any given trial.
    Probability Density Function (PDF)
      EXPFORECASTStep3
    Cumulative Distribution Function (CDF)
      EXPFORECASTStep3
    where Ix(a, b) is the regularized incomplete Beta function.
    • Support 𝑥 ∈ {0, ..., 𝑛}
    • Probability parameter, 𝑝: 0 ≤ 𝑝 ≤ 1
    • Trials parameter, 𝑛: 𝑛 > 0

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