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

Statistical procedures - estimation of a mean, Old Faithful Geyser in Yello...

Old Faithful Geyser in Yellowstone National Park derives its names and fame from the regularity (and beauty) of its eruptions. Rangers usually post the predicted times of eruptions

What is the p-value, Use the information given below to find the P-value. ...

Use the information given below to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to

Calculate mean and standard deviation, Select and generate your assignment ...

Select and generate your assignment portfolio. The S&P/ASX 200 index is comprised of several sub-indices, including the following: 0) XPJ: The S&P/ASX 200 A-REIT Index 1) XDJ

Help!, in a normal distribution with a mean of 85 and a STD of 5, what is t...

in a normal distribution with a mean of 85 and a STD of 5, what is the percentage of scores between 75 and 90?

Determine the probability, For a distribution of scores with = 82 and stand...

For a distribution of scores with = 82 and standard deviation = 2.5, find the following: (Don't forget to sketch the normal curve to help you visualize what you are trying to fi

Eliminate all of the insignificant variables, The file Midterm Data.xls ha...

The file Midterm Data.xls has a tab labeled "Many vs. S&P" which presents historical price data for several assets, a volatility condition (VIDX = 1 if the NYSE volatility is grea

Compare the t interval with the bootstrap interval, Jocko's Garage has been...

Jocko's Garage has been accused of insurance fraud. Data on estimates made by Jocko and another garage were obtained for 10 damaged vehicles (available in 'jockogarage.txt'). Here

Regression analysis and experimental design, For many decades, there has be...

For many decades, there has been considerable attention paid to identifying various factors that help to reduce the number of fatalities on Australian roads. In 1964 Victoria and S

Advantages of mode, Advantages By definition, mode is the most typic...

Advantages By definition, mode is the most typical or representative value of a distribution. Hence, when we talk of modal wage, modal size of shoe or modal size of family i

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