Poisson distribution, Applied Statistics

Assignment Help:

Poisson Distribution

The poisson Distribution  was discovered  by French mathematician simon  denis  poisson. It is a discrete probability distribution.

Meaning :

In binomial distribution if the value of is very large (n=) and the values of p is too small (p-0)  and np  is finite number, in this  situation the binomial  distribution is not suitable to be used. In  other words. The  poisson distribution  is  applicable where  the successful events in the total  events  are few.

Situations where poisson distribution is applicable

1.       Number of defective blades out of total blades produced in a factory .

2.      Number of goals scored at a football match, wherein number of attempts may be a lot of but the success  are few.

3.      Number of mistakes   found in the pages of a book published by a repute press.

4.       Number of telephone calls done during every  5 minutes  by a businessman.

5.      Number of typing errors per page in a typed   material.,

6.      No of accidents met by a taxi driver in a year.

7.      The arrival of customers arriving per hour at the super market.

8.      The arrival of trains arriving per10 minutes in the railway yard.

9.      Number of flying bombs per year in a small area.


Related Discussions:- Poisson distribution

Practice-Based Evidence, how to analyzePractice-Based Evidence Back to the ...

how to analyzePractice-Based Evidence Back to the Future

Estimation error on apparent arbitrage, This question explores the effect o...

This question explores the effect of estimation error on apparent arbitrage opportunities in a controlled simulation setting. We simulate returns for N = 10 assets over T = 30 year

LINEAR PROGRAMMING FOR SOLVNG INEQUALITIES, To use Linear Programming for s...

To use Linear Programming for solving the following inequalities. Following Twin Conditions (as mandated by the Indian Regulatory Authority) Twin Condition I for TV Broadcasters

Optimal number of cluster, Try different numbers of clusters in your progra...

Try different numbers of clusters in your program (K=2...15) and build a plot that shows the dependency between number K and value of RSS function on the last iteration. What is th

Median for ungrouped data, If the data set contains an odd number of items,...

If the data set contains an odd number of items, the middle item of the array is the median. If there is an even number of items, the median is the average of the two items. If the

Time series, Measurement of trend , least square method

Measurement of trend , least square method

Trying to find test statistic and P value, Ask question #Minimum The data i...

Ask question #Minimum The data in the accompanying table give the weights? (in g) of randomly selected quarters that were minted after 1964. The quarters are supposed to have a med

Probability distribution of the number of sales, A salesperson visits from ...

A salesperson visits from house to house to sell her knives. The probability that she makes a sale at a random house is .3. Given that she makes a sale, the sale is worth $100 with

Applications of standard error, Applications of Standard Error   ...

Applications of Standard Error   Standard Error is used to test whether the difference between the sample statistic and the population parameter is significant or is d

Geometric mean, Geometric Mean is defined as the n th root of the ...

Geometric Mean is defined as the n th root of the product of numbers to be averaged. The geometric mean of numbers X 1 , X 2 , X 3 .....X n is given as

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd