The Bernoulli Process Strictly speaking, the Bernoulli process must possess the following properties: 1. The experiment consists of repeated trials. 2. Each trial results in an outcome that may be classified as a success or a failure. 3. The probability of success, denoted by p, remains constant from trial to trial. 4. The repeated trials are independent.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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Kindly explain each step in the Bernoulli process for me to better understand. Thank you!

The Bernoulli Process
Strictly speaking, the Bernoulli process must possess the following properties:
1. The experiment consists of repeated trials.
2. Each trial results in an outcome that may be classified as a success or a failure.
3. The probability of success, denoted by p, remains constant from trial to trial.
4. The repeated trials are independent.
Transcribed Image Text:The Bernoulli Process Strictly speaking, the Bernoulli process must possess the following properties: 1. The experiment consists of repeated trials. 2. Each trial results in an outcome that may be classified as a success or a failure. 3. The probability of success, denoted by p, remains constant from trial to trial. 4. The repeated trials are independent.
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