The multinomial distribution is a type of probability distribution used in finance to determine the likelihood of a certain set of outcomes.

In addition to predicting future sales levels, probability distribution can be a useful tool for evaluating risk. Consider, for example, a company considering entering a new business line.

Probability distribution is useful for evaluating financial risks involved in choosing one option over another. For example, assume you're considering whether to expand your business to include a ...

A sampling distribution describes the data chosen for a sample from among a larger population.

All sorts of physical processes in this analog world exhibit some degree of randomness. Think of noise, for example. Many noisy processes are described by Gaussian probability distributions. We should ...

Parts I and II of this paper have described a new theory for the analysis of games with incomplete information. Two cases have been distinguished: consistent games in which there exists some basic ...

ST206 Half Unit Probability and Distribution Theory This information is for the 2023/24 session. Teacher responsible ...

The course covers the probability, distribution theory and statistical inference needed for advanced courses in statistics and econometrics. Michaelmas term: Probability.