Chapter 10

Discrete Probability Distribution [Binomial and Poisson Distributions]


After completing this chapter, you can understand the following:

  • The definition, meaning and significance of discrete probability distributions.
  • The concept of binomial and Poisson distributions.
  • The derivations of mean and standard deviation [SD] of the binomial and Poisson distributions.
  • The applications of binomial and Poisson distributions related to the biological decision making situations.

We can define a probability distribution as the relative frequency distribution that should theoretically occur for observations from a given populations. In business and other contexts, it can be helpful to proceed from the following: ...

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