Important Probability Distributions Discrete Probability Distributions Bernoulli Distribution Remarks: Bernoulli(p)has wide applications in e economics and finance: Neftci (1984)examines the asymmetry of U.S. business cycles by considering the time series properties of signed processes from a posi- tive change to a negative change,and from a negative change to a positive change. Important Probability Distributions Introduction to Statistics and Econometrics June25,2019 9/135Important Probability Distributions Important Probability Distributions Introduction to Statistics and Econometrics June 25, 2019 9/135 Bernoulli Distribution Discrete Probability Distributions Remarks: