Calculates the probability of drawing a certain number of successes (or a maximum number of successes) in a certain number of tries given a population of a certain size containing a certain number of successes, with replacement of draws. Learn more
In Google Sheets, the BINOMDIST function calculates the probability of a certain number of successes in a fixed number of trials using the binomial distribution. Here's a breakdown of each parameter:
"numsuccesses": This represents the number of successful outcomes you want to calculate the probability for. "numtrials": This is the total number of trials or experiments. "prob_success": This is the probability of success for each individual trial. It should be a value between 0 and 1. "cumulative": This parameter is optional. If set to TRUE or omitted, the function calculates the cumulative probability up to and including the specified number of successes. If set to FALSE, the function calculates the probability of exactly the specified number of successes.
The BINOMDIST function is commonly used in statistics and probability calculations to analyze binomial experiments, such as coin flips or success/failure scenarios. It helps determine the likelihood of obtaining a specific number of successes in a given number of trials based on a specified probability of success.