Which of the Following Characterizes a Random Variable Having Two

question 1

Multiple Choice

Which of the following characterizes a random variable having two possible outcomes, each with a constant probability of occurrence?

• A) Beta distribution
• B) Bernoulli distribution
• C) Poisson distribution
• D) Binominal distribution

---

Definitions:

Debt

An amount of money borrowed by one party from another, under the condition that it is to be paid back at a later date, often with interest.

Liquidity

The ease with which an asset can be converted into cash without significant loss in value.

Profitability

Measures how much profit a company generates in relation to its revenues, assets, or equity, indicating its financial health and efficiency.