When You Use the Poisson Distribution to Approximate the Binomial $\pi$

question 207

True/False

When you use the Poisson distribution to approximate the binomial distribution,the standard deviation is n $\pi$ where n is the sample size and $\pi$ is the probability of an event of interest.

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Definitions:

Stated Value

A value assigned to a security or asset which is not determined by market forces.

Shares

Ownership segments in a corporation or financial asset, allowing for an equal share in declared profits, distributed as dividends.

No-Par Common Stock

Equity securities issued without a par value, where the board of directors determines the issuing price.

Par Preferred Stock

Preferred shares of a company's stock issued at a specific nominal value and with fixed dividend payments.