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binomial distribution |
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binomial distribution n (Mathematics & Measurements / Statistics) a statistical distribution giving the probability of obtaining a specified number of successes in a specified number of independent trials of an experiment with a constant probability of success in each. Symbol: Bi (n, p), where n is the number of trials and p the probability of success in each
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| Because the data were overdispersed, the zero-truncated negative binomial distribution fit the data better than the zero-truncated Poisson distribution based on the likelihood-ratio test. A lattice model assumes the price of stock underlying an option follows a binomial distribution, a type of probability distribution in which the underlying event has only one of two possible outcomes. Parameters were estimated using maximum likelihood techniques assuming a binomial distribution for the tumor counts and their standard errors estimated using sandwich estimators (Zhang et al. |
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