Bernoulli random variables and mean, variance, and standard deviation — Krista King Math | Online math help
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Bernoulli random variables and mean, variance, and standard deviation — Krista King Math | Online math help
A Bernoulli random variable is a special category of binomial random variables. Specifically, with a Bernoulli random variable, we have exactly one trial only (binomial random variables can have multiple trials), and we define “success” as a 1 and “failure” as a 0.
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