Question: Check in each case whether the values of n and satisfy the rule of thumb for a good approximation, an excellent approximation, or neither
Check in each case whether the values of n and θ satisfy the rule of thumb for a good approximation, an excellent approximation, or neither when we want to use the Poisson distribution to approximate binomial probabilities.
(a) n = 125 and θ = 0.10;
(b) n = 25 and θ = 0.04;
(c) n = 120 and θ = 0.05;
(d) n = 40 and θ = 0.06.
Step by Step Solution
3.28 Rating (160 Votes )
There are 3 Steps involved in it
Good n 20 and 005excellent n 100 and n 10 a 125 2... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
583-S-J-P-D (833).docx
120 KBs Word File
