Calculate binomial probabilities for events with two possible outcomes.
The probability mass function of the binomial distribution is:
Where:
The binomial coefficient is calculated as:
Mean (μ): n × p = 5.0000
Variance (σ²): n × p × (1-p) = 2.5000
Standard Deviation (σ): √(n × p × (1-p)) = 1.5811