Goodness-of-fit testing forms a fundamental pillar in statistical methodology, providing robust tools to assess whether observed data conform to a proposed probability distribution. These tests are ...

Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn to assess risk and potential gains.

Count data modelling occupies a central role in statistical applications across diverse disciplines including epidemiology, econometrics and engineering. Traditionally, the Poisson distribution has ...