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You invest in 15 clean-tech startup companies. Each company has a 10% chance of becoming profitable. Since each company uses a different technology, assume that

You invest in 15 clean-tech startup companies. Each company has a 10% chance of becoming profitable. Since each company uses a different technology, assume that whether one company becomes profitable is independent of whether any other company does.
Let X be the number of clean-tech startup companies in your portfolio that become profitable.
Please indicate if random variable X is a Binomial random variable?

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