The binomial experiment requires that the successes and failure probabilities be constant from one trial to the next and also that these two probabilities be equal to each other.

Binomial Experiment

A statistical experiment that follows the binomial distribution, characterized by having a fixed number of trials, two possible outcomes, independence, and constant probability of success.

Successes

Refers to the number of times a desired outcome occurs in a given scenario.

Failure Probabilities

The likelihood or chance that a system or component will fail to perform its intended function.