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 ...

The Applied Probability Trust is a non-profit publishing foundation established in 1964 to promote study and research in the mathematical sciences. Its titles Journal of Applied Probability and ...

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 ...

This study extends the Poisson binomial distribution by introducing correlation and dependence between binomial events, enhancing its ability to capture complex event types and improving model ...