Which of the following characteristics are not required for the binomial model?
A)The trials must be independent.
B)The probability of success is the same at each trial.
C)The outcome must be a discrete numerical variable.
D)There are a fixed number of trials.

Question

Quizplus · Accepted Answer

The outcome in a binomial model is typically binary (success/failure), not necessarily a discrete numerical variable.

Which of the Following Characteristics Are Not Required for the Binomial