Question: A binomial experiment (also known as a Bernoulli trial) is a statistical experiment that has the following properties: 1.The experiment consists of n repeated trials.
A binomial experiment (also known as a Bernoulli trial) is a statistical experiment that has the following properties:
1.The experiment consists of n repeated trials.
2.Each trial can result in just two possible outcomes. We call one of these outcomes a success and the other, a failure.
3.The probability of success, denoted by P, is the same on every trial.
4.The trials are independent; that is, the outcome on one trial does not affect the outcome on other trials.
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