Find quick revision notes of unit Probability and the Binomial Theorem. This includes chapters- Binomial Theorem, Permutation and Combination, and Probability. This quick revision notes is very ...

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 ...

Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn to assess risk and potential gains.

The problem of finding confidence intervals for the success parameter of a binomial experiment has a long history, and a myriad of procedures have been developed. Most exploit the duality between ...

This article examines some improperly stated but often used textbook probability problems. Moving from a probabilistic to a statistical setting provides insight into group testing (i.e., observing ...