What are the four characteristics of a bernoulli process?

A Bernoulli process has four key characteristics:

1. Binary Outcomes: Each trial results in one of two possible outcomes, typically labeled as "success" and "failure."
2. Independence: The outcome of each trial is independent of the others; the result of one trial does not affect the others.
3. Constant Probability: The probability of success (denoted as ( p )) remains constant across all trials.
4. Fixed Number of Trials: The process is conducted over a fixed number of trials, denoted as ( n ).