Question: A random variable X has a binomial distribution, and a random variable Y has a Poisson distribution. Both X and Y have means equal to
i. Yes, X has the larger variance.
ii. Yes, Y has the larger variance.
iii. No, we need to know the number of trials, n, for X.
iv. No, we need to know the success probability, p, for X.
v. No, we need to know the value of λ for Y.
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