MULTINOMIAL DISTRIBUTION
A distribution that displays the likelihood of potential results of an experiment with constant trials in which every trial can lead to a specified number of outtakes higher than two. It can display the result of tossing two dice; each dice can land on one of six possible values. On the other hand, the result of a toss coin is shown using a binomial distribution because it only has two possible results in every toss, heads or tails.
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Act freeing the Bank of England from exchanging banknotes and other financial claims for gold. Passed by the British government in 1797, the legisl ...
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Process in which an independent organization evaluates the client’s information to ensure its accuracy and intent. This is often used in tran ...
Bullish Abandoned Baby
Candlestick pattern signalling a reversal in the present trend. Used by traders, it is formed by three unique candlesticks showing the following ch ...
Confluence
Combining two or more techniques and ideas into one complete strategy. It occurs when two different ideas or strategies are used together to come u ...
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