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

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Short Answer

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


Definitions:

Selling Price

Selling price is the amount of money charged for a product or service, determined by costs, market demand, and competition.

Advertising Budget

The amount of money allocated by a business for promoting its products or services over a specific period.

Monthly Sales

The total revenue generated from sales activities during a specific month.

Sales Commissions

Payments made to salespersons or employees based on the amount of sales generated.

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