1. S

    Is these Negative binomial distributions?

    Hi. Are these question the same(except the parameters of course) : First - What's the number of trials needed until having at least 1 defective product, with a probability >= 85%, with pDef = 0.03. Second - What's the number of trails needed until having at least 5 defective product, with a...
  2. M

    Averages of averages in Monte Carlo

    Hello, I have a simulation set up as follows: 1,000 separate lives invest for 12, 24 and 36 months in three separate investment pots. The monthly returns are randomly generated from a defined normal distribution curve (using an expected arithmetic return average and standard deviation). The...