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Possion Distribution

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Vidhi Sahay
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6 views

Possion Distribution

Uploaded by

Vidhi Sahay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Case study

Suppose certain airport receives on an average 8 aircrafts per hour. What


is the probability that no aircrafts lands in particular 2 hour of time
period?
Poisson Discrete
Distribution
Poisson Discrete
Distribution
One type of probability distribution is known as the Poisson Discrete
Distribution.

This type of distribution is used to indicate the probability of a particular


number of events occurring within a certain period of time or space.
Poisson Discrete
Definition
Distribution
Characteristics
The Poisson Distribution is It is a discrete distribution, it is
defined using only one asymmetric, and the mean is
parameter, λ, which represents equal to its variance.
the average number of
successes that occur in a
specified region.
Probability Mass Function of Poisson
Discrete Distribution

Definition

The probability mass function gives the


1 probability of observing k events in a given
interval.

Formula
2
P(X = k) = (e^-λ * λ^k) /
k!

Use Case

Used to calculate the probability


3
of observing a certain number of
events in a fixed interval of time
or space.
Mean and Variance of Poisson Discrete
Distribution
Mean Variance

The mean of a Poisson distribution The variance of the Poisson


is equal to the λ parameter. distribution is also equal to the λ
parameter.
Applications of Poisson Discrete
Distribution
1 Telecommunications 2 Insurance

Modeling the number of Estimating the number of car


phone calls arriving at a call accidents in a specific area
center in a given period. over a period.
Note
Possion distribution is used to approxiamte the binomail distribution
when 'n' is very large and 'p' is very small.

Mean (Lamda)=np
Case study
A certain company sells tractors which fails at a rate of 1 out of 1000. If 500
tractors are purchased from the company then what is the probability of 2
of them failing within first year.

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