for text search determine whether the following probability

for text search[ determine whether the following probability experiment representsa binomial representation, investor randomly purchases 16 stocks listed on a stock exchange. historically, the probability that a stock listed on this exchange will increase in value over the course of a year is %45. the number of stocks that increase in value is recorded. ]

Solution

yes, bc the experiment satisfies all the criteria for a binomial experiment

Each trial has two outcomes, the stock made money or it didn\'t
The probability of success is the same on every trial. We are not looking at a specific stock, but stocks in general. Since the probability is a historic look at stocks as 49% make money, each one has an equal chance.
The trials are independent. We have to assume that one stock making money does not cause another stock to lose money.