11 Which of the following characterizes a Bernoulli process

11. Which of the following characterizes a Bernoulli process?

Either outcome has the same chance of occurrence.

The \"success\" must be a desirable outcome.

A random experiment that has only two outcomes.

The probability of \"success\" varies with each trial.

Solution

A Bernoulli process is a sequence of Bernoulli trials in which: the trials are independent of each other, there are only two possible outcomes for each trial, arbitrarilly labeled \"success\" or \"failure\" the probability of success is the same for each trial.

from this statement it is clear that in Bernoulli process has

A random experiment that has only two outcomes.