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Binomial Distributions

Binomial Distributions – More Than

Learning Objectives

Calculate the probability of more than x number of successes.

In Excel’s BINOM.DIST function, when cumulative is set to TRUE (or 1):

  • Excel adds up all probabilities up to and including the number of successes (x-value) inputted
  • P(Xx)=BINOM.DIST(x,n,p,1)

What if we want the values above a certain x-value instead?

  • We need to use a complement when using Excel’s BINOM.DIST
  • This is because P(X>x)=1P(Xx)
  • In Excel, this gives: P(X>x)=1BINOM.DIST(x,n,p,1)

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An Introduction to Business Statistics for Analytics (1st Edition) Copyright © 2024 by Amy Goldlist; Charles Chan; Leslie Major; Michael Johnson is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted.

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