Please describe the 4 criteria that a distribution of data m

Please describe the 4 criteria that a distribution of data must satisfy to be a binary distribution. Please research and describe a binary distribution application.

Solution

When four specific conditions are satisfied in an experiment it is called a BINOMIAL setting which will produce a BINOMIAL DISTRIBUTION. The four requirements are:
1) each observation falls into one of two categories called a success or failure
2) there is a fixed number of observations
3) the observations are all independent
4) the probability of success (p) for each observation is the same - equally likely