The binomial distribution applies equally well to discrete and continuous variables.

Name: The binomial distribution applies equally well to discrete and continuous variables.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

The binomial distribution is specifically designed for discrete variables, particularly for scenarios with a fixed number of trials and only two possible outcomes (success or failure) in each trial. Continuous variables require different types of distributions.

The Binomial Distribution Applies Equally Well to Discrete and Continuous