David Harper is the CEO and founder of Bionic Turtle. He is also a published author with a popular YouTube channel on expert finance topics. Almost regardless of your view about the predictability or ...
An Algorithm for Computing the Convolution of Poission Negative Binomial and Geometric Distributions
We present a simple algorithm that computes the convolution of Poisson, negative binomial, and geometric distributions. We show that a certain infinite-server queue in a random facility repair ...
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 problem of unbiased estimation of the parameter θ in the binomial and Poisson distributions is considered. The variance of the estimate is required not to exceed a preassigned bound, B. For the ...
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 ...
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 ...
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