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 ...

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 ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Suzanne is a content marketer, writer, and fact-checker.

Using the C(α) procedure of Neyman (1959), we derive tests for the goodness of fit of the binomial distribution which are asymptotically optimal against generalized binomial alternatives proposed by ...

The order statistics of independent random variables each having the same negative binomial distribution are discussed. Recurrence relations for probability generating functions and moments of the ...

The baseball season has reached its adolescence. Oh sure, there are the still the occasional temper tantrums, the delusions of grandeur, the fashion faux pas. But the season has been around for long ...

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. This applet allows users to drag ...