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    kiri3's Avatar
    kiri3 Posts: 1, Reputation: 1
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    #1

    Apr 12, 2010, 08:34 PM
    How does the binomial table work? How accurate/inaccurate and useful is it?
    This question is about the advantages and disadvantages of using Binomial tables. How do we recognise errors in calculations when using this table. What the values mean?
    galactus's Avatar
    galactus Posts: 2,271, Reputation: 282
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    #2

    Apr 13, 2010, 05:32 AM

    I never use the table. I just calculate them myself. That is what I am used to. The table mostly gives within 4 decimal places. So, that is mostly accurate enough, and one does not have to calculate it.
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