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 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 paper deals with methods of quality control when observation-vectors are coming from a multivariate binomial or multivariate poisson population. The case when successive observations are ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

For binomial and Poisson distributions, the scale parameter has a value of 1. The variance of Y is for the binomial distribution and for the Poisson distribution. Overdispersion occurs when the ...

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 ...