Compound probability is a mathematical term relating to the likeliness of two independent events occurring.

Journal of Applied Probability, Vol. 31, No. 3 (Sep., 1994), pp. 743-756 (14 pages) Exponential bounds are derived for the tail probabilities of various compound distributions, generalizing the ...

An explicit convolution representation for the equilibrium residual lifetime distribution of compound zero-modified geometric distributions is derived. Second-order reliability properties are seen to ...

A discrete distribution is a statistical probability distribution that represents the possible discrete values a variable can take.