I'm hoping someone can provide an intuitive overview of what quasibinomial distribution is and what it does. I'm particularly interested in these points:
How quasibinomial differs to the binomial distribution.
When the response variable is a proportion (example values include 0.23, 0.11, 0.78, 0.98), a quasibinomial model will run in R but a binomial model will not.
Why quasibinomial models should be used when a TRUE/FALSE response variable is overdispersed.