Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

This study extends the Poisson binomial distribution by introducing correlation and dependence between binomial events, enhancing its ability to capture complex event types and improving model ...

Convergence to the Poisson distribution, for the number of occurrences of dependent events, can often be established by computing only first and second moments, but not higher ones. This remarkable ...

The Canadian Journal of Statistics / La Revue Canadienne de Statistique Let Xi be the number of outcomes in class Ci,i=0,... ,k, during n independent possibly non-identical trials. If class C0 has ...