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Suppose that Y ~ Binomial (500, 0.02). Estimate Pr (Y = 16).(Hint: Poisson distribution is a good approximation of the binomial function when p is small).

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Suppose that Y ~ Binomial (500, 0.02). Estimate Pr (Y = 16).(Hint: Poisson distribution is a good approximation of the binomial function when p is small).





 
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