Posted: March 7th, 2014

Binomial and Poisson Distribution

Examples of the binomial and poisson distributions are all around us. Identify a real-life example or application of either the binomial or poisson distribution. Specify how the conditions for that distribution are met. Suggest reasonable values for n and p (binomial) or mu (poisson) for your example. Calculate the mean and standard deviation of the distribution for your example.

150 words.

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