A binomial tree is a graphical representation of possible intrinsic values that an option may take at different nodes or time periods.

The binomial distribution is a way to test the probability that a particular outcome will result in a particular number of trials when we know the underlying probability of an event. For example, the ...

This note sketches a biological context for the negative binomial distribution, gives some of the many equivalent mathematical notations that have been used for the negative binomial probabilities, ...

C. Radhakrishna Rao, A Natural Example of a Weighted Binomial Distribution, The American Statistician, Vol. 31, No. 1 (Feb., 1977), pp. 24-26 ...