Describe the differences between the use of the binomial and
Poisson distribution. Provide one example of...
Describe the differences between the use of the binomial and
Poisson distribution. Provide one example of how each can be used
and explain why you selected the example
Describe the differences between the use of the binomial and
Poisson distribution. Provide one example of how each can be used
and explain why you selected the example.
Short & Sweet please, 150-200 words max
4/2019
Describe the differences between the use of the binomial and
Poisson distribution. Provide one example of how each can be used
and explain why you selected the example
•Provide one (1) real-life example or application of a binomial
distribution. Explain how the example matches the conditions for
the binomial distribution.
•Determine the conditions under which you would use a discrete
probability distribution rather than a continuous probability
distribution. Provide one (1) example to illustrate your
reasoning
The binomial and Poisson distributions are two different
discrete probability distributions. Explain the differences between
the distributions and provide an example of how they could be used
in your industry or field of study. In replies to peers, discuss
additional differences that have not already been identified and
provide additional examples of how the distributions can be
used.
The binomial and Poisson distributions are two different
discrete probability distributions. Explain the differences between
the distributions and provide an example of how they could be used
in your industry or field of study.
What are the three major differences between a normal
distribution and a binomial distribution?
Why is the Normal Distribution called "Normal"?
What are examples of exponentially distributed random variables
in real life?
What is the significance of central limit theorem?
Compare and contrast the Poisson and Negative binomial model.
What happens if the Poisson distribution is the true data-generated
process and a negative binomial regression model is estimate. What
happens if the negative binomial distribution is the true
data-generating process and a Poisson regression model is
estimated?
Find the indicated probabilities using the geometric
distribution, the Poisson distribution, or the binomial
distribution. Then determine if the events are unusual. If
convenient, use the appropriate probability table or technology to
find the probabilities.
Fifty-nine percent of adults say that they have cheated on a
test or exam before. You randomly select six adults. Find the
probability that the number of adults who say that they have
cheated on a test or exam before is (a) exactly four,(b) more...
Find the indicated probabilities using the geometric
distribution, the Poisson distribution, or the binomial
distribution. Then determine if the events are unusual. If
convenient, use the appropriate probability table or technology to
find the probabilities.
The mean number of births per minute in a country in a recent
year was about
sixsix.
Find the probability that the number of births in any given
minute is (a) exactly
fourfour,
(b) at least
fourfour,
and (c) more than
fourfour.
Find the indicated probabilities using the geometric
distribution, the Poisson distribution, or the binomial
distribution. Then determine if the events are unusual. If
convenient, use the appropriate probability table or technology to
find the probabilities. A newspaper finds that the mean number of
typographical errors per page is six. Find the probability that
(a) exactly five typographical errors are found on a page, (b) at
most five typographical errors are found on a page, and (c) more
than five typographical...