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

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).

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