Day 36 of 365: Poisson = Binomial? 🤯 The Connection Explained | Quant Journey

Day 36 of my 365 Days Zero to Quant Journey 🚀

Today I explored one of the most powerful ideas in probability — the connection between Binomial and Poisson distributions.

This is where things start getting deeper. Understanding how Binomial converges to Poisson under certain conditions completely changes how you approach problems.

📚 What I covered today:

Intuition behind Binomial Distribution
How Poisson emerges from Binomial
Conditions for approximation (n large, p small)
Solving problems using this connection
Why this matters in real-world modeling

This journey is about building real understanding from scratch — no shortcuts, just consistency and depth.

🚀 Why this matters

This concept is heavily used in:

Quantitative Finance (rare event modeling)
Data Science & Machine Learning
Risk Analysis
Large-scale probabilistic systems

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I’m documenting every day of becoming a quant — raw, consistent, and real. If you're on a similar path, stay with me.

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Видео Day 36 of 365: Poisson = Binomial? 🤯 The Connection Explained | Quant Journey канала Mr. Mavish