In this article we review two historical approximations to the Poisson and binomial cumulative distribution functions (CDFs); that is, the Wilson—Hilferty and Camp—Paulson approximations. Both of ...

A binomial distribution is a statistical probability distribution that summarizes the likelihood that a value will take one of two independent values.

A recent comparative analysis of alternative interval estimation approaches and procedures has shown that confidence intervals (CIs) for true raw scores determined with the Score method—which uses the ...

They include the normal, chi-square, binomial, and Poisson distribution. These probability distributions serve different purposes and represent varying data generation processes. 1 2 ...

Second, the binomial distribution assumes that we know the intrinsic probability of an event occurring, as we would with a dice roll or coin flip. But we never really know what a baseball player’s ...

The study integrates Gaussian copula and shifted-gamma copula (factor decomposition) models into the Poisson binomial distribution framework, enabling the valuation of credit portfolios with tranches ...