Beta Distribution: the probability of success on any single trial as the random variable, and the number of trials n and the total number of successes in n trials as constants.
For the Binomial Distribution the number of successes X is a random variable and the number of trials N and the probability of success p on any single trial are parameters (i.e. constants).
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R3 chase - Pursuit
Incorporating IPCC Climate Projections into Probability of Default:
For a detailed description od theory and excel worbook example, refer to the attached link https://drive.google.com/drive/folders/1vAcH8ge...
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Huber M-estimation is a robust regression technique used to address the influence of outliers on model parameters. It is used to calculate...
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Martingale- Martingales are a class of real-valued stochastic processes in discrete time: Brownian Motion, Brownian Motion with drift, Wal...
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