This is a binomial probability: C(50,2) × (0.02)² × (0.98)⁴⁸.

Sun, 03 May 2026 14:57:15 +0000

# Understanding Binomial Probability: Decoding C(50,2) × (0.02)² × (0.98)⁴⁸ In the world of statistics, binomial probability models play a vital role in predicting outcomes in binary (success/failure) scenarios. One classic example is the expression C(50,2) × (0.02)² × (0.98)⁴⁸, which represents a specific binomial probability scenario. In this article, we break down what this formula means, how it applies to real-world problems, and why it’s essential for both students, data analysts, and decision-makers. --- ## What Is a Binomial Probability?