Answer :

for a binomial random variable x, it can only takes on two possible values, 0 or 1 is True

A binomial random variable is a discrete random variable, which means that it can only take on certain values, in this case 0 or 1. This means that the answer to the question is true. A binomial random variable is the sum of two independent Bernoulli random variables, where each Bernoulli random variable has a probability of success equal to the probability of success for the binomial random variable. This means that the binomial random variable is a summation of two Bernoulli random variables, and can only take on values of 0 or 1.

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