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 ...
In generalized linear models, the response is assumed to possess a probability distribution of the exponential form. That is, the probability density of the response Y for continuous response ...
In this paper, treating time as a discrete variable, we study the transient behavior of a bulk-service queuing system in which the number of customers arriving within a fixed time interval follows a ...