# Use the mgfs to show that the binomial distribution converges to the Poisson distribution. The convergence is taken so that

## Question:

Use the mgfs to show that the binomial distribution converges to the Poisson distribution. The convergence is taken so that pn → λ > 0. (Write the p in the binomial distribution as λ/n.)

DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

## This problem has been solved!

Do you need an answer to a question different from the above? Ask your question!

## Step by Step Answer:

**Related Book For**

**Question Details**

Chapter #

**9**Section: Exercises

Problem: 34

**View Solution**

Create a free account to access the answer

**Cannot find your solution?**

Post a FREE question now and get an answer within minutes.
* Average response time.