Di?erence between the binomial and the poisson distributions

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(a) What is the di?erence between the binomial and the Poisson distributions?

(b) Give some examples of when we can apply the Poisson distribution.

(c) Give the formula for the Poisson distribution and the meaning of the various symbols.

(d) Under what conditions can the Poisson distribution be used as an approximation to the binomial distribution? Why can this be useful?

Reference no: EM13895932

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