Poisson Distribution of Probability With Solved Example
Poisson Distribution of Probability With Solved Example
of Probability with
Solved Example
The Poisson distribution is a discrete probability distribution
that describes the probability of a given number of events
occurring in a fixed interval of time or space, given the
average rate of occurrence is known.
by Raunish Singh
Introduction to Poisson Distribution
The mean and variance of a The Poisson distribution only The Poisson process has the
Poisson distribution are both takes on non-negative integer memoryless property, meaning
equal to the parameter λ. values, as it models the number the future events are
of discrete events. independent of the past events.
Assumptions of Poisson Distribution
Parameters
2
Where X is the random variable representing the
number of events, λ is the average rate of
events, and e is the base of the natural
logarithm.
Calculation
3
The formula allows us to calculate the
probability of observing exactly x events, given
the average rate λ.
Solved Example - Poisson Distribution
Example
Given
Probability
Calculate Probability
Poisson Tables
Visualization
Plot the Poisson distribution curve to visualize the probabilities for different number
Interpretation of Poisson Probability
Rare Events Uncertainty Decision-Making
The Poisson distribution is The probabilities calculated Poisson probabilities can inform
useful for modeling the using the Poisson distribution decisions, such as staffing
probability of rare events provide insights into the levels, inventory management,
occurring in a given time or uncertainty and variability of or resource allocation.
space. the event occurrences.
Properties and Applications of Poisson Distribution
Modeling Rare Events
1
Poisson distribution is widely used to model the
probability of rare or infrequent events, such as
customer arrivals, equipment failures, or natural
2 Queuing
disasters Theory
within a specific time frame.
This Theory analyzes waiting lines or queues,
using the Poisson Distribution to model the arrival
of customers or items(e.g., phone calls to a call
3 Reliability Engineering
center, people arriving at a bank).
Reliability Engineering uses the Poisson
distribution to model the occurrence of failures in
systems over time. If failures are random and
occur at a constant rate, then the distribution
4 Epidemiology
model is said to have number of failures over a
specific time period.
In Epidemiology, the Poisson Distribution models
the occurrence of rare diseases or events in a
population over a specific time period. For
instance, it can describe the number of new cases
of a disease occurring in a community where the
disease is relatively rare.
Limitations of Poisson Distribution