You can use the Poisson distribution to approximate the binomial ...

[madam-professor]

You can use the Poisson distribution to approximate the binomial distribution with mean nP when P is small and n is large, such that nP is of only moderate size (preferably nP  7).
 
  Indicate whether the statement is true or false

Question 2

A point estimate is an estimate of a population parameter expressed as a single numerical value.
 
  Indicate whether the statement is true or false

[beccamahon]

Answer to Question 1

TRUE

Answer to Question 2

TRUE

[madam-professor]

Thanks for the timely response, appreciate it

[smrtceo]

Great answer, keep it coming