Description: The binomial transform is a transformation that takes a sequence as an input and gives another sequence as an output according to a certain rule. As an example, we have that the binomial ...

We investigate estimation of the parameter, κ, of the negative binomial distribution for small samples, using a method-of-moments estimate (MME) and a maximum quasi-likelihood estimate (MQLE).

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

I shall describe a practical classroom exercise in applied statistics, which has an impressive effect on the students who are beginning to learn statistics. This is based on a remarkable paper by ...