- CFA Exams
- CFA Level I Exam
- Study Session 3. Quantitative Methods (2)
- Reading 9. Common Probability Distributions
- Subject 5. The Binomial Distribution

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**CFA Practice Question**

If an experiment results in one of two dichotomous responses, the variable is defined as a ______.

A. binomial random variable

B. discrete random variable

C. continuous random variable

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**User Contributed Comments**
1

User |
Comment |
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skath |
should have at least 2 elements ... 1. Mutually Exc. 2. Independent 3. Ramdon Variable |