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Which of the following is a condition of a binomial experiment?
Market Development
The expansion of a market through the identification and penetration of new market segments or geographic areas.
Microfinance
A type of financial service provided to unemployed or low-income individuals or groups who otherwise lack access to traditional banking services.
Collateral
An asset that a borrower offers to a lender as a security for a loan, which can be seized if the loan is not repaid.
Savings Deposits
Bank accounts that pay interest on the money deposited, meant for saving rather than daily transactions.
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