Problem

Poisson vs. Binomial II To illustrate how well the Poisson probability distribution...

Poisson vs. Binomial II To illustrate how well the Poisson probability distribution approximates the binomial probability distribution, calculate the Poisson approximate values for p(0) and p(1) for a binomial probability distribution with n = 25 and p = .05.Compare the answers with the exact values obtained from Table 1 in Appendix I.

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