Suppose X possesses a Binomial distribution with n-20 and p-0.05. Find the exact value of P(X 3) …

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Suppose X possesses a Binomial distribution with n-20 and p-0.05. Find the exact value of P(X lt; 3) using the following table of Binomial probabilities Use the given table for Poisson probabilities and find the corresponding probability value Compare the exact and the estimated value of P(X lt; 3) Binomial for n-20 0.01 0.05 358 736 0.1 818 .122 983 392 999 1.000 925 984 677 867 1.000 997 957 Poisson 407 368 135 772 937 736 920 981 406 677 987 857 998 996 947

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