In what case would the Poisson distribution be a good approximation of the binomial?
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The approximation works very well for n values as low as n = 100, and p values as high as 0.02. The figure below plots these two distributions together and shows how closely the Binomial distribution is approximated by the Poisson distribution in such limiting cases.
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In what case would the Poisson distribution be a good approximation of the binomial?
- At the point when the worth of n in a binomial circulation is huge and the worth of p is tiny, the binomial dispersion can be approximated by a Poisson conveyance.
- In the event that n > 20 and np < 5 OR nq < 5, the Poisson is a decent estimation.
- Poissons circulation is a discrete likelihood dispersion that communicates the likelihood of a given number of occasions happening in a decent time period or space if these.
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