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 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

We re-visit the asymptotics of a binomial and a Poisson sum which arose as (average) displacement costs when moving randomly placed sensors to anchor positions. The first-order asymptotics of these ...

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 ...

The Binomial test, sometimes referred to as the Binomial exact test, is a test used in sampling statistics to assess whether a proportion of a binary variable is equal to some hypothesized value. In ...

The binomial distribution is an important discrete distribution. It gives the probability of the number of "successes," in a sequence of n independent binary trials. This applet allows users to drag ...