In finance, we use probability distributions to draw ... magically their sum will tend toward the familiar normal distribution. The binomial distribution reflects a series of "either/or" trials ...

This study extends the Poisson binomial distribution by introducing correlation and dependence between binomial events, enhancing its ability to capture complex event types and improving model ...

Also, these statements test whether the proportion of children with fair hair is 28%. proc freq data=Color order=freq; weight Count; tables Eyes / binomial alpha=.1; tables Hair / binomial(p=.28); ...