1. The document discusses binomial and Poisson distributions as types of random variables. Binomial distributions model experiments with a fixed number of trials with two possible outcomes, while Poisson distributions model rare, independent events occurring continuously over time or space.
2. Key properties of binomial distributions include the number of trials n, probability of success p, and outcomes being the number of successes. Mean is np and variance is np(1-p). Poisson distributions have a single parameter λ representing the expected number of events.
3. Examples are provided to illustrate calculating probabilities for binomial experiments and defining the Poisson parameter λ based on expected events per unit of time or space.