Roughly speaking, you can use the Poisson probability formula to approximate binomial probabilities when n is large

Question:

Roughly speaking, you can use the Poisson probability formula to approximate binomial probabilities when n is large and p is small (i.e., near 0). Explain how to use the Poisson probability formula to approximate binomial probabilities when n is large and p is large (i.e., near 1).
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: