In Poisson Experiment,the Probability of More Than One Success in an Interval

question 190

Short Answer

In Poisson experiment,the probability of more than one success in an interval approaches ____________________ as the interval becomes smaller.

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Definitions:

Nonprofit Sector

A segment of an economy consisting of organizations that operate primarily to achieve social, cultural, or environmental objectives, without a primary focus on generating profits for owners or shareholders.

Social Innovation

The process of developing and implementing effective solutions to challenging and often systemic social and environmental issues in support of social progress.

Society's Limited Resources

The concept that resources such as time, money, and raw materials are finite and must be allocated wisely to meet the needs and wants of a society.

Entrepreneur

An individual who initiates, manages, and assumes the risks of a business venture in pursuit of profit and innovation.