Experiments with Two Outcomes

Experiments with two outcomes involve testing a scenario where only two possible results can occur, such as flipping a coin (heads or tails) or checking if a light is on or off. These experiments help us understand probabilities by analyzing how often each outcome happens over many trials. They are fundamental in statistics and probability theory because they simplify complex situations into manageable, binary options, allowing us to predict and make informed decisions based on the likelihood of each possible result.