Bernoulli distribution
A Bernoulli distribution is useful because it can be used to approximate the outcomes of an experiment (such as tossing a coin) as a range of percentages. It represents a "yes or no" type experiment. If the experiment succeeds, then it is given the value 1. If the experiment does not succeed, it is given value 0. This can be used, for example, in tossing a coin, where "1" means it lands on "heads", and "0" means it lands on "tails" (or the other way around).