Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...
Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...
We present a method to obtain both exact values and sharp estimates for the total variation distance between binomial and Poisson distributions with the same mean λ. We give a simple efficient ...
This paper takes Brenner & Quan (The Statistician, 39, pp. 391-397) to task for their claim that a Bayesian analysis of the parameter of a binomial distribution gives a confidence interval which is ...