Question: Poisson Approximation to Binomial For a binomial distribution with n 5 10 and p 5 0.5, we should not use the Poisson approximation because both
Poisson Approximation to Binomial For a binomial distribution with n 5 10 and p 5 0.5, we should not use the Poisson approximation because both of the conditions n 100 and np # 10 are not satisfied. Suppose we go way out on a limb and use the Poisson approximation anyway. Are the resulting probabilities unacceptable approximations? Why or why not?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
