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Difference between Binomial, Poisson and Hypergeometric Distribution in One Picture

There are a few key differences between the Binomial, Poisson and Hypergeometric Distributions. These distributions are used in data science anywhere there are dichotomous variables (like yes/no, pass/fail). This one picture sums up the major differences.

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References

Black, K. (2016). Business Statistics for Contemporary Decision Making. John Wiley & Sons. Binomial Distribution

Hypergeometric Distribution

Poisson Distribution

Random Variables

The Poisson and Binomial Distributions