Difference between revisions of "Poisson distribution"

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(Created page with "The poison distribution is used when the probability of 'success' is very small and there are a large number of events. <math>P\left( x \right) = \huge \frac</math>{{e^{ - \la...")
 
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The poison distribution is used when the probability of 'success' is very small and there are a large number of events.
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Poisson distribution
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<math>P\left( x \right) = \huge \frac</math>{{e^{ - \lambda } \lambda ^x }}{{x!}}<math></math>
 
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Examples of a poison distribution:
 
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* number of cars passing a certain point
 
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* number of spelling mistakes per page
 
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* number of phone calls per minute in a calling centre
 
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* number of times a website is accessed per minute
 
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* number of stars in a give volume of space
 
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Try out at Try out a bit with /static/files/MBI/Module%207/poisson.xlsx
 
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Part of: [[M7-Quantitative Decision Methods-S2 - Probability distributions|M7-Quantitative Decision Methods-S2 - Probability distributions]]
 
 
[[Category:mbi]]
 
[[Category:mbi]]
  

Revision as of 19:20, 27 August 2020

Poisson distribution