Which of the following characteristics are not required for the binomial model?
A)There are a fixed number of trials.
B)The probability of success must be the same as the probability of failure.
C)Only two outcomes are possible at each trial.
D)The trials must be independent.

Question

Quizplus · Accepted Answer

The binomial model requires a fixed number of trials, only two possible outcomes per trial, and independent trials, but it does not require the probability of success to be the same as the probability of failure.

Which of the Following Characteristics Are Not Required for the Binomial