How to identify a Binomal distribution (what dose BINS mean)?
B- the distribution is binomial, each trial has two outcomes
I- Each trial is independent of the others
N- There is a fixed number of trials
S- The probability of success is the same on each trial
How to identify the Geometric Distribution?
What is a Type 2 error?
When you don’t reject a null hypothesis that is false
What is a Type 1 Error?
You reject Ho even though Ho is true