Which of the following characterizes a random variable having two possible outcomes, each with a constant probability of occurrence?
A)Beta distribution
B)Bernoulli distribution
C)Poisson distribution
D)Binominal distribution

Question

Quizplus · Accepted Answer

A random variable with two possible outcomes, each with a constant probability of occurrence is best characterized by the Bernoulli distribution. The Bernoulli distribution models a binary event, where the outcome can be either success or failure, with a fixed probability of success denoted by p.

Which of the Following Characterizes a Random Variable Having Two