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

the npv of the book , Bill Clinton reportedly was paid $10 million to writ...

Bill Clinton reportedly was paid $10 million to write his book My Way. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speech

Determine how the ordinary least squares, Question Following the general...

Question Following the general methodology used by econometricians as explained in the session for week 1 (eight steps), explain how you would proceed to determine if a good com

PERCENTAGES, CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 U...

CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 UNDER THE CURRENT WITHHOLDING GUIDELINES

General algebraic and quantitative expressions, Read the following data on ...

Read the following data on the economy of Angoia and answer/respond to the questions/instructions that follow. Unless otherwise stated, the monetary figures are in real billions o

Hypothesis, What is a null hypothesis? ..

What is a null hypothesis? ..

Correlation, Correlation The correlation is commonly used and a useful...

Correlation The correlation is commonly used and a useful statistic used to describe the degree of the relationships between two or more variables. Pearson's correlation refle

Good measure of quality, Education seems to be a very difficult field in wh...

Education seems to be a very difficult field in which to use quality methods. One possible outcome measures for colleges is the graduation rate (the percentage of the students matr

Quartiles, Related Positional Measures Besides median, there are other ...

Related Positional Measures Besides median, there are other measures which divide a series into equal parts. Important amongst these are quartiles, deciles and percentiles.

Simple regression, Simple Regression: The Teacher Preparation Researc...

Simple Regression: The Teacher Preparation Research Team conducted a study of college students who took the Praxis II-a teacher certification examination. Some variables from

Regression model, Using a random sample of 670 individuals for the populati...

Using a random sample of 670 individuals for the population of people in the workforce in 1976, we want to estimate the impact of education on wages. Let wage denote hourly wage in

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