Results of an extensive empirical study of the accuracy of 12 normal and 3 binomial approximations to the hypergeometric distribution are presented in terms of ...

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 ...

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 ...