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As for the Poisson approximation of the binomial, I think the rate parameter should always be 'rT'(Mrdt = T/dtrdt = rT), however, your formula gives '-rdt' as a rate parameter in the Poisson pdf, I have programmed and ran a simulation, it turns out your formula gives a '>1 probability value'.
The text was updated successfully, but these errors were encountered:
As for the Poisson approximation of the binomial, I think the rate parameter should always be 'rT'(Mrdt = T/dtrdt = rT), however, your formula gives '-rdt' as a rate parameter in the Poisson pdf, I have programmed and ran a simulation, it turns out your formula gives a '>1 probability value'.
The text was updated successfully, but these errors were encountered: