Journal of Applied Probability and Advances in Applied Probability have for four decades provided a forum for original research and reviews in applied probability, mapping the development of ...

Advances in Applied Probability, Vol. 53, No. 2 (JUNE 2021), pp. 370-399 (30 pages) We derive the large-sample distribution of the number of species in a version of Kingman’s Poisson–Dirichlet model ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Somer G. Anderson is CPA, doctor of accounting, and an accounting ...

p is the probability of success for the binomial distribution, where . In terms of acceptance sampling, p is the probability of selecting a nonconforming item. n is the number of independent Bernoulli ...

Learn About an Important Method for Valuing Derivatives and Other Assets Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Timothy ...