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. This applet allows users to drag ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

I shall describe a practical classroom exercise in applied statistics, which has an impressive effect on the students who are beginning to learn statistics. This is based on a remarkable paper by ...