Question: What is a key difference between binomial and Poisson distributions? The binomial distribution deals with discrete data; Poisson is a continuous distribution. The binomial distribution

What is a key difference between binomial and Poisson distributions?

The binomial distribution deals with discrete data; Poisson is a continuous distribution.

The binomial distribution is a two-parameter distribution; the Poisson distribution is a three-parameter distribution.

The Poisson distribution deals with discrete data; the binomial distribution is a continuous distribution.

Within its observation space, the Poisson distribution places no upper bound on the count of events whereas the binomial distribution does set an upper limit on the count.

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