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, ...

Let X denote a discrete distribution as Poisson, binomial or negative binomial variable. The score confidence interval for the mean of X is obtained based on inverting the hypothesis test and the ...