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Binomial Random Variable
A type of random variable that represents the number of successes in a fixed number of Bernoulli trials, where each trial has only two possible outcomes.
Probability
A statistical measure that quantifies the chance of a specific event happening.
P
Often represents the probability value in statistical tests, indicating the likelihood of observing the test results under the null hypothesis.
N
Typically used to represent the total number of observations or participants in a dataset or study.
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