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 ...

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 ...

Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...

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 ...

A modification of the quadratic form involved in a generalized minimum chi-squared procedure yields the same asymptotic null distribution of the test statistic for testing fit by an assumed model, but ...

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 ...