3: Binomial Calculations
Using the Binomial Model allows us to make some very important and useful calculations about real world situations where the model can be applied. We give some examples of these Binomial Calculations
S1: EXCEL Calculations -- how to use EXCEL commands to calculate Binomial Probs
S2: Binomial Problems -- Standard problems and solutions, using EXCEL
S3: Deviations of a Fair Coin -- We show that deviations become smaller with increasing sample size
S4: Conditions For Binomial Models -- Certain conditions we need to check to ensure that the Binomial Model is applicable
S5: Counterexamples -- failure of conditions leads to failure of Binomial Model