Provide an example of what differentiates a probability


Provide an example of what differentiates a "Probability" from a "Probability Distribution". In this example identify both the probability and the probability distribution.

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Suppose we want to determine the (binomial) probability (p) of getting 6 heads in 12 flips of a 2-sided coin. Using the binomial table in the appendix of the text, what values of n, x, and p would we use to look up this probability, and what would be the probability?

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Finance Basics: Provide an example of what differentiates a probability
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