Bernoulli process

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What Wikipedia says

In probability and statistics, a Bernoulli process (named after Jacob Bernoulli) is a finite or infinite sequence of binary random variables, so it is a discrete-time stochastic process that takes only two values, canonically 0 and 1. The component Bernoulli variables Xi are identically distributed and independent.

Excerpt from the Wikipedia article “Bernoulli process”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Ainali, CC BY-SA 3.0, via Wikimedia Commons.