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    Basic Business Statistics Study Set 4
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    Exam 5: Some Important Discrete Probability Distributions
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    When Using a Poisson Distribution to Approximate a Binomial Distribution
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When Using a Poisson Distribution to Approximate a Binomial Distribution

Question 147

Question 147

True/False

When using a Poisson distribution to approximate a binomial distribution, the mean of the Poisson distribution is np where n is the sample size and p is the probability of an event of interest.

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