Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

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 ...

This paper deals with methods of quality control when observation-vectors are coming from a multivariate binomial or multivariate poisson population. The case when successive observations are ...

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 ...

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 ...