The binomial distribution calculator determines the simple and cumulative probabilities, mean, variance, and standard deviation.
The mean, variance, and standard deviation for the binomial distribution is calculated using the following formulas:
Mean (μ) = n × p
Variance (σ2) = n × p × (1−p)
SD (σ) = √n × p × (1−p)
Where,
n = Number of Trials,
p = Probability of Success,
SD = Standard Deviation.