Binomial Definition

Hi, Binomial distribution is a mathematics term commonly used in statistics. Binomial distribution is basically a curve in which things are probable to happen like the chances of rolling certain numbers with dice. For more details, click he... Read More »

Source: http://answers.yahoo.com/question/index?qid=20120516003049AAbwjQ3

What is this definition of 'binomial probability distribution' tr...

You either have "success" or "failure". Bi-nomial. Bi means two. Read More »

Source: http://answers.yahoo.com/question/index?qid=20120111080701AAda58p

What is medical definition of binomial ?

[bīnō′mē·əl] 1 containing two names or terms. 2 the unique, two-part scientific name used to identify a plant. The first name is the genus; the second, the species. A designation of the variety may also follow to further differentiate the p... Read More »

Source: http://medical-dictionary.thefreedictionary.com/binomial

What is medical definition of binomial nomenclature ?

no´men-kla″chur terminology; a classified system of technical names, such as of anatomical structures or organisms. binomial nomenclature the nomenclature used in scientific classification of living organisms in which each organism is desig... Read More »

Source: http://medical-dictionary.thefreedictionary.com/Latin+binomial

What is financial definition of Binomial option pricing model ?

An option pricing model in which the underlying asset can assume one of only two possible, discrete values in the next time period for each value that it can take on in the preceding time period. Read More »

Source: http://financial-dictionary.thefreedictionary.com/Binomial+option...