Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

In one of our previous projects, we wanted to generate 0/1 bits such that 0 (failure) or 1 (success) events are promoted to occur consecutively, forming clusters. Additionally, we also want to be able ...

Abstract: The purpose of this study is to derive an upper-bound and a lower-bound of the entropy of a multinomial distribution. In spite of its practicality and versatility, there is no closed-form ...

This type of model applies to cases where an observation can fall into one of k categories. Binary data occurs in the special case where k=2. If there are m i observations in a subpopulation i, then ...

This R package provides reusable tools for working with multinomial distributions, including probability mass calculations, expected value, and covariance matrix. It was developed as part of a ...

A Markov model simulates the average experience of a cohort of patients.Monte Carlo simulation, the standard approach for estimating the variance, is computationally expensive.A multinomial ...