Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

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 study extends the Poisson binomial distribution by introducing correlation and dependence between binomial events, enhancing its ability to capture complex event types and improving model ...

The Poisson distribution is widely used in artificial intelligence (AI) and machine learning. In Bayesian inference, probability distributions often help solve problems that would otherwise be ...

This is a preview. Log in through your library . Journal of Applied Probability and Advances in Applied Probability have for four decades provided a forum for original research and reviews in applied ...

This article discusses the contribution of counting statistics to the uncertainty in identifying the net peak area, and in controlling detection limits. The method is applicable to spectrometers that ...

Virtually all computations performed by the nervous system are subject to uncertainty and taking this into account is critical for making inferences about the outside world. For instance, imagine ...