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BINOMIAL DISTRIBUTION
This is a special case of the MULTINOMIAL DISTRIBUTION where the number of possible outcomes is 2. It is the distribution of outcomes expected if a certain number of independent trials are undertaken of a single BERNOUILLI PROCESS (e.g. multiple tosses of a coin, or tosses of several coins with identical characteristics). The distribution depends upon the single parameter,'p', of the corresponding BERNOULLI PROCESS and upon the number of trials, 'n'. An alternative characterisation is as the outcome of two separate POISSON PROCESSEs with separate rate parameters.
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