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A binomial experiment is a probability experiment that satisfies the following four requirements:

1. Each trial can have only two outcomes or outcomes that can be reduced to two outcomes. These outcomes can be considered as either success or failure.

2. There must be a fixed number of trials.

3. The outcomes of each trial must be independent of each other.

4. The probability of a success must remain the same for each trial.

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Q: What are four requirements for binomial distribution?
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