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.

Solution

The 4 specific conditions for a random variable to follow binary (binomial distribution) are:

1) Each observation must have two outcomes- 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