Mean and Variance of Binomial Distribution

In this class, We discuss Mean and Variance of Binomial Distribution.

For Complete YouTube Video: Click Here

The reader should have prior knowledge of binomial distribution. Click Here.

Mean = µ

The below derivation shows the complete expansion.

Complete explanation of the derivation provided in the youtube video.

Mean and Variance of Binomial Distribution1.1
Derivation of Mean

The below is the variance derivation.

Mean and Variance of Binomial Distribution1.2
Variance Derivation