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 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 ...
Journal of the Royal Statistical Society. Series C (Applied Statistics), Vol. 27, No. 2 (1978), pp. 162-167 (6 pages) The sum of k independent and identically distributed (0, 1) variables has a ...
Advances in Applied Probability, Vol. 53, No. 2 (JUNE 2021), pp. 370-399 (30 pages) We derive the large-sample distribution of the number of species in a version of Kingman’s Poisson–Dirichlet model ...
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