A binomial distribution is a statistical probability distribution that summarizes the likelihood that a value will take one of two independent values.

By using one of the common stock probability distribution methods of statistical calculations, an investor may determine the likelihood of profits from a holding.

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 ...

Binomial Distribution The binomial distribution is an important discrete distribution. It gives the probability of the number of "successes," in a sequence of n independent binary trials.