BINOMIAL DISTRIBUTION :
1). n, fixed identical trials
2). trials are independant
3).each trial has 2 outcomes
4). Want to find P(success and in n trials)
POISSON DISTRIBUTION :
1). The experiment results in outcomes that can be classified as successes or failures.
2).The average number of successes (μ) that occurs in a specified region is known.
3).The probability that a success will occur is proportional to the size of the region.
4).The probability that a success will occur in an extremely small region is virtually zero.
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