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

We present a method to obtain both exact values and sharp estimates for the total variation distance between binomial and Poisson distributions with the same mean λ. We give a simple efficient ...

p is the probability of success for the binomial distribution, where . In terms of acceptance sampling, p is the probability of selecting a nonconforming item. n is the number of independent Bernoulli ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Covariance: a measure of the direction of the linear relationship between two variables. Discrete ...