b) Bring out the major properties of binomial distribution. Mention certain important uses of this distribution.

The major properties of binomial distribution:--

1. Binomial distribution is applicable when the trials are independent and each trial has just two outcomes success and failure.

It is applied in coin tossing experiments, sampling inspection plan, genetic experiments and so on.

2. Binomial distribution is known as bi-parametric distribution as it is characterized by two parameters n and p.

This means that if the values of n and p are known, then the distribution is known completely.

3. The mean of the binomial distribution is given by 

μ = np

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