The multinomial distribution is a type of probability distribution used in finance to determine the likelihood of a certain set of outcomes.

Key Takeaways A sampling distribution is a probability distribution of a statistic that is obtained through repeated sampling of a specific population. It describes a range of possible outcomes ...

The course covers the probability, distribution theory and statistical inference needed for advanced courses in statistics and econometrics. Michaelmas term: Probability.

Many noisy processes are described by Gaussian probability distributions. Let's take a look at the mathematics of that.

Parts I and II of this paper have described a new theory for the analysis of games with incomplete information. Two cases have been distinguished: consistent games in which there exists some basic ...

ST206 Half Unit Probability and Distribution Theory This information is for the 2023/24 session. Teacher responsible ...