This project analyzes the approximation of the binomial distribution by the Poisson distribution. Using several distance measures, such as Kullback-Leibler (KL ...

The Canadian Journal of Statistics / La Revue Canadienne de Statistique Let Xi be the number of outcomes in class Ci,i=0,... ,k, during n independent possibly non-identical trials. If class C0 has ...

This repository explores the mathematical principles behind the concept of “Risk of Ruin” in casinos. It introduces a probabilistic model that estimates the likelihood of a casino going bankrupt, ...

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 ...