Question
An example of Bernoulli Trials or Poisson Distribution. Share an explanation of: 1) How your example satisfies the requirements 2) What are the variable, trials,
An example of Bernoulli Trials or Poisson Distribution. Share an explanation of:
1) How your example satisfies the requirements
2) What are the variable, trials, (mean in the case of Poisson), the probability of success and failure?
3) Calculate an instance of the example for the exact number of successes, an instance for AT LEAST and one for AT MOST number of successes.
4) Calculate your answer with Excel as well, and show the formulas you used.
5) Provide the corresponding probability distribution for all possible values of the discrete variable.
6) Create a histogram for the distribution.
7) Calculate the Expected value and the standard deviation, using the theoretical formula for each of those.
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