Is the Poisson distribution a suitable approximation for to the binomial distribution with n = 55 and p = .03

Name: Is the Poisson distribution a suitable approximation for to the binomial distribution with n = 55 and p = .03
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Quizplus · Accepted Answer

The Poisson distribution is a suitable approximation for the binomial distribution when n is large and p is small, such that np is moderate. Here, np = 55 * 0.03 = 1.65, which is a condition where the Poisson approximation can be used.

Is the Poisson Distribution a Suitable Approximation for to the Binomial