The beta-binomial distribution is extended to allow negative correlations among binary variates within an experimental unit. Regression models are proposed for both the binary variate response rate ...

A binomial option pricing model is an options valuation method that uses an iterative procedure and allows for the node specification in a set period.

This note sketches a biological context for the negative binomial distribution, gives some of the many equivalent mathematical notations that have been used for the negative binomial probabilities, ...

A binomial tree is a graphical representation of possible intrinsic values that an option may take at different nodes or time periods.

Using summation notation, the binomial theorem may be succinctly written as: The binomial theorem written out in summation notation. (Image credit: Robert J. Coolman) The Binomial Distribution ...

The number of jackpot winners in a lottery is a textbook example of a binomial distribution, a formula from basic probability theory. If we repeat some probabilistic process some number of times ...