Important Probability Distributions Discrete Probability Distributions Binomial Distribution Question:How to verify ∑fx(e)=∑()p'(1-p)m-r=1 for all n≥1 and all p∈(0,1)? C=0 c=0 By the binomial theorem that for any real x and y and integer n≥0, m (x+)”=()xy”-i, 2=0 we can obtain the identity by setting x =p and y= 1-p.This is the reason why the distribution is called the binomial distribution. To be Continued Important Probability Distributions Introduction to Statistics and Econometrics June25,2019 14/135Important Probability Distributions Important Probability Distributions Introduction to Statistics and Econometrics June 25, 2019 14/135 Binomial Distribution Discrete Probability Distributions To be Continued