The Poisson distribution is being used to approximate a binomial distribution.If n=60 and p=0.02, what value of lambda would be used?
A)0.02
B)12
C)0.12
D)1.2
E)120

Name: The Poisson distribution is being used to approximate a binomial distribution.If n=60 and p=0.02, what value of lambda would be used? A)0.02 B)12 C)0.12 D)1.2 E)120
Brand: Quizplus
Rating: 4.7 (33 reviews)

Question

Quizplus · Accepted Answer

Lambda (λ) in a Poisson distribution is calculated as λ = n * p. Here, n = 60 and p = 0.02, so λ = 60 * 0.02 = 1.2.

The Poisson Distribution Is Being Used to Approximate a Binomial