The probability of success, p, in a binomial experiment is a parameter, while the mean and standard deviation, µ and ?, are statistics.

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In a binomial experiment, the probability of success, p, is a parameter, but the mean (µ = np) and standard deviation (σ = √(np(1-p))) are also parameters, not statistics. Statistics are calculated from sample data, while parameters describe the entire population or distribution.

The Probability of Success, P, in a Binomial Experiment Is