Binomial Sampling and the Binomial Distribution
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چکیده
This is a good place to point out that these are only (approximating) , and not full truth. models Truth is not a model. A model, by definition, is an approximation (and not truth). In fact, out of a few million coin flips, one or more coins will remain standing on edge – that is truth. The binomial model does not allow such reality. The idea is more easily understood for the outcomes “dead" or “alive." In many cases, it is clear that an animal is either dead or alive; however, such a simple classification might be difficult in cases where an animal is “close to death." Even here, the binomial model might be a very good approximation to truth or full reality. We are, of course, interested in models that are very good approximations!
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