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The first two hypotheses were tested using the binomial sign test.
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Using the binomial model to value this investment project as a compound option is a two-step process.
The option is analysed using the binomial decision tree.
Statisticians use factorials when calculating potential combination and permutations and using the binomial equation.
Using the binomial expansion for we obtain (A2).
Again, using the binomial expansion for we obtain (A5).
We therefore modeled the data using the Binomial distribution.
These P-values are computed using the binomial distribution.
CIs were estimated using the binomial exact.
Imbalance detection statistics using the binomial test and multiple thresholds or the beta-binomial test.
The univariable models were estimated using the binomial logistic regression.
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