Understanding Binomial Trees: Definitions, Examples, and Calculations

Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...
Scientific Research Publishing

A Modified Epidemic Chain Binomial Model ()

The chain binomial models (Bailey, 1975) [1] have met with reasonable accomplishment, when fitted to data on communicable diseases for households, for example diseases like common cold or influenza.
Frontiers

A hurdle and negative binomial model approach to analyzing the gender differences in diagnostic imaging utilization under high-deductible health plans

1 School of Economics and Business Administration, Chongqing University, Chongqing, China 2 Gustavson School of Business, University of Victoria, Victoria, BC, Canada Introduction: High-Deductible ...
Scientific Research Publishing

Analysis of a Two-Stage Adaptive Negative Binomial Group Testing Model for Estimating Prevalence of a Rare Trait ()

Group testing is an efficient method for classifying observations and estimating trait prevalence in a population. However, using appropriate group sizes is crucial for maximizing its benefits.
IEEE

A cluster distribution as a model for estimating high-order event probabilities in power systems

Abstract: We propose the use of the cluster distribution, derived from a negative binomial probability model, to estimate the probability of high order events in terms of number of lines outaged ...