Exam (elaborations)
SOA Exam P | 66 Questions and Answers 2023 Solved Correctly
- Course
- Institution
Bernoulli Trial - An experiment in which there are exactly two possible outcomes Binomial distribution - A random variable X represents the number of successes observed from the n Bernoulli trials Binomial Parameters - n = number of trials p = probability of success q = 1-p Binomial probabili...
[Show more]