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Poisson Approximation to Binomial
For large n and small p with np=λ:
$$P(X=k)\approx e^{-\lambda}\frac{\lambda^k}{k!}$$
Usage
- Used for rare-event binomial probabilities.
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Poisson Approximation to Binomial
For large n and small p with np=λ:
$$P(X=k)\approx e^{-\lambda}\frac{\lambda^k}{k!}$$
Usage
- Used for rare-event binomial probabilities.
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