In: Statistics and Probability
If P=0.4% and n =600. Is the poison distribution a reasonable approximation distribution of the binomial distribution?
Yes or No
What is the mean of this binomial distribution ( and the mean of poison distribution used to approximate it)
Mean=
What is the actual mean of this binomial distribution
Standard deviation (actual)=
What is the mean of the approximate poison distribution?
Standard deviation approximate
Are these values in reasonable agreement
(1)
Question:
If P=0.4% and n =600. Is the poison distribution a reasonable approximation distribution of the binomial distribution?
Correct opton:
Yes
Explanation:
n = 600
p = 0.004
So,
Conditions are:
(i) n = 600 > 20
(ii) np = 600 X 0.004 = 2.4 < 5
So,
both conditions are satisfied.
(2)
Question:
What is the mean of this binomial distribution ( and the mean of poison distribution used to approximate it)
Mean = 600 X 0.004 = 2.4
(3)Question:
What is the actual mean of this binomial distribution
Mean = 600 X 0.004 = 2.4
(4)
Question:
Standard deviation (actual)=
Standard deviation (actual)=
So,
Standard deviation (actual)= 1.5461
(5)
Question:
What is the mean of the approximate Poisson distribution?
Mean of the approximate poison distribution = = 2.4
(6)
Question:
Standard deviation approximate
Standard deviation approximate of the approximate poison distribution =
So,
Standard deviation approximate = 1.5492
(7)
Question:
Are these values in reasonable agreement ?
Yes
because Standard deviation (binomial)= 1.5461 is close to Standard deviation approximate of the approximate poison distribution = 1.5492