Results of an extensive empirical study of the accuracy of 12 normal and 3 binomial approximations to the hypergeometric distribution are presented in terms of ...

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An approximation for negative binomial sums involving a minimum of arithmetic is presented. Because of the relationship between negative binomial sums and regular binomial sums the approximation can ...

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 ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. David Kindness is a Certified Public Accountant (CPA) and an expert in the ...

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 ...