import hashlib


def generate_md5(data: bytes) -> str:
    """
    Generate an MD5 hash for the given data.

    Args:
    - data (bytes): The binary data for which the MD5 hash is to be computed.

    Returns:
    - str: The hexadecimal string representation of the MD5 hash.
    """
    md5_obj = hashlib.md5()  # Create a new MD5 hash object.
    md5_obj.update(data)  # Update the hash object with the data.
    return md5_obj.hexdigest()  # Return the hexadecimal digest of the hash.
