Why learn about binomial distribution?
Our binomial distribution lessons are free — that way you can set your schedule and learn the fundamentals at your own pace.
Our lessons are the best way to experience if learning data science is for you. Explore whether you’re passionate about pursuing a career in data, or if you just want to brush up on some skills.
Intro to Binomial Distribution is an efficient way to get real hands-on experience with the data analytics fundamentals you’ll need to get into our immersive data science course.
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Introduction to binomial distribution: what you'll learn
The travel and hospitality industries have become reliant on technology to help them make and keep their operations profitable. For hotel owners and managers, one thing they work toward is filling as many rooms as possible while getting the best prices.
In these lessons, we will explore one method to help maximize profitability by optimizing hotel booking using Python.
Learn how to build a Bernoulli experiment and what the results of an experiment represent.
Learn how to use a Bernoulli experiment and the probability of customers not showing up for a booked room to calculate the best number of rooms to overbook for maximum profitability.
Use matplotlib.pyplot in the Python library to graph your experiment results.