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Binomial Distribution
(redirected from Bernoulli distribution)

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Binomial Distribution
The distribution of successes and failures of a certain number of Bernoulli trials. A Bernoulli trial is a test in which there are precisely two random outcomes: success and failure. For example, if one is testing whether flipping a coin will result in heads, the two outcomes are yes (success) or no (failure). A binomial distribution, then, would be the number of heads compared to the number of tails in a given number of flips. It is also called a Bernoulli distribution.


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] (19) [3] shows that if we have a finite support discrete distribution such as the Bernoulli distribution, then we can have the elements of the probability vector updated according to [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII.
Ball and Torous (1983, 1985) call this simplified version as the Bernoulli distribution version of the jump-diffusion model.
 
 
 
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