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Key Concepts
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1. Bernoulli Trials
Trials are independent and have only two outcomes: Success (S) and Failure (F).
2. Binomial Distribution Formula
P(X = r) = ⁿCᵣ pʳ qⁿ⁻ʳ, where:
- n: Number of trials
- p: Probability of success
- q: Probability of failure (1 - p)
- r: Number of successes
3. Mean and Variance of B.D.