Question: 1.Let be a binomial random variable with and p = 0.1. a)Calculate using a cumulative binomial probability table. b)Use the Poisson approximation (approximate the binomial
1.Let be a binomial random variable with and p = 0.1.
a)Calculate using a cumulative binomial probability table.
b)Use the Poisson approximation (approximate the binomial random variable with a Poisson random variable of an appropriate value of ) to calculate .
c)Compare the results of part a) and part b). Is the approximation accurate?
d) Plot both the binomial and the Poisson probability distributions in the same diagram
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