In a finite series of independent success-failure trials, the total number of successes has a binomial probability distribution. It is a classical result that this probability distribution is subject ...
An approximation for negative binomial sums involving a minimum of arithmetic is presented. Because of the relationship between negative binomial sums and regular binomial sums the approximation can ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...
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