A binomial distribution is a statistical probability distribution that summarizes the likelihood that a value will take one of two independent values.

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 ...

A discrete distribution is a statistical probability distribution that represents the possible discrete values a variable can take.

We investigate credit portfolio tranche pricing and highlight the sensitivity of credit portfolios to dependence. The Poisson binomial distribution is extended by introducing correlation and ...

A follow-up investigation to that given by Clark and Perry (1989, Biometrics 45, 309-316) is presented, giving details for maximum likelihood estimation for the dispersion parameter from a negative ...