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    Understanding Business Statistics
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    Exam 5: Discrete Probability Distributions
  5. Question
    Use the Poisson Distribution to Approximate the Binomial Probability, P(x
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Use the Poisson Distribution to Approximate the Binomial Probability, P(x

Question 4

Question 4

Multiple Choice

Use the Poisson distribution to approximate the binomial probability, P(x = 7) , where n = 100, p = .04


A) .0782
B) .1213
C) .0595
D) .0994
E) .1390

Correct Answer:

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