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

The binomial distribution is a subtype of the multinomial distribution. In finance, the multinomial distribution can be used to estimate the probability of a set of occurrences and analyze the ...

The Binomial test, sometimes referred to as the Binomial exact test, is a test used in sampling statistics to assess whether a proportion of a binary variable is equal to some hypothesized value. In ...

Binomial Distribution 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.

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 ...

Estimating the parameter n of the binomial distribution on the basis of r independent observations has been considered sporadically over the years. Many questions regarding asymptotic and small sample ...