The story
After Swiss mathematician Jacob Bernoulli (1654—1705), one of many noted mathematicians of the Bernoulli family, who made important contributions to the field of probability.
Etymology from Wiktionary, CC BY-SA 4.0.
Bernoulli distribution
Today it means: A discrete probability distribution that represents the result of a single trial, taking value 1 with "success" probability p and value 0 with "failure" probability q=1-p. Full definition →