Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Somer G. Anderson is CPA, doctor of accounting, and an accounting ...

The Negative Binomial Distribution is a frequently encountered standard discrete distribution function. By the use of the available Binomial or Incomplete Beta Function tables it can be evaluated ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Suzanne is a content marketer, writer, and fact-checker.

If X 1, X 2, ... is a sequence of independent Bernoulli random variables, the number of successes in the first n trials has a binomial distribution and the number of failures before the rth success ...