David Harper is the CEO and founder of Bionic Turtle. He is also a published author with a popular YouTube channel on expert finance topics. Probability distributions help investors model uncertainty ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The Poisson distribution is a discrete probability distribution. It gives the probability of a certain number of events occurring during a fixed interval. This web calculator allows users to specify ...

This is a preview. Log in through your library . Abstract We mainly investigate certain mixtures of Poisson distributions with a scale parameter in the mixing distribution. They help us to derive the ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).