Investopedia

What Is T-Distribution in Probability? How Do You Use It?

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 ...
JSTOR Daily

Bernoulli’s golden theorem in retrospect: error probabilities and trustworthy evidence

Bernoulli’s 1713 golden theorem is viewed retrospectively in the context of modern model-based frequentist inference that revolves around the concept of a prespecified statistical model Mθ (x), ...
JSTOR Daily

A Limiting Distribution for Bernoulli Trials with Second-Order Markov Dependence

This is a preview. Log in through your library . Abstract Let E be an event governed by a homogeneous second-order two-state Markov chain. Assume the steady state has been achieved. Consider Nm the ...
The Irish Times

That’s Maths: Jakob Bernoulli and the law of large numbers

Jakob Bernoulli, head of a dynasty of brilliant scholars, was one of the world's leading mathematicians. His great work, Ars Conjectandi, published in 1713, included a profound result that he ...
Investopedia

Multinomial Distribution: What It Means and Examples

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Somer G. Anderson is CPA, doctor of accounting, and an accounting ...