A distribution we didn't discuss is the Bernoulli distribution. It is a binomial distribution with n =

Question:

A we didn't discuss is the Bernoulli It is a binomial with n = 1. In other words, it is the number of successes (0 or 1) in a single trial when the probability of success is p. What are the mean and standard deviation of a Bernoulli Discuss how a binomial random variable can be expressed in terms of n independent Bernoulli random variables, each with the same parameter p?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...