Abstract: Let bS = bX_1 + ·s + bX_n be a sum of n independent integer random variables bX_i, where each bX_i is supported on 0, 1, ·, k-1 but otherwise may have an arbitrary distribution (in ...

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 ...

If the probability that a randomly selected person will vote in the next election is 0.39, how would we find the probability that more than half of the people in a sample of 1000 will vote? Since the ...