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

Business forecasting, Meaning and Definitions of Business Forecasting T...

Meaning and Definitions of Business Forecasting The problem of business  forecasting  refers to the  analysis  of the past and  present economic  conditions. With  the objectiv

Confirmatory factor analysis, Confirmatory factor analysis (CFA) seeks to d...

Confirmatory factor analysis (CFA) seeks to determine whether the number of factors and the loadings of measured (indicator) variables on them conform to what is expected on the ba

Expected utility maximizer, The investor has constant wealth 1 and is o?ere...

The investor has constant wealth 1 and is o?ered to invest in shares of a project that either gains 3=2 or loses 1 with equal probabilities. Therefore, if the investor obtains sha

Probability and expectation, Ten balls are put in 6 slots at random.Then ex...

Ten balls are put in 6 slots at random.Then expected total number of balls in the two extreme slots

Hortons initial infiltration capacity, (a) The Horton's initial infiltratio...

(a) The Horton's initial infiltration capacity for a catchment is 204 mm/h and the constant infiltration value at saturation is 60 mm/h. For a rainfall in excess of 204 mm/h mainta

Standard erro, practical application of standard error

practical application of standard error

What are the null and alternative hypotheses, Test the following claim. Id...

Test the following claim. Identify the null hypothesis, alternative hypothesis, test statistic, critical value(s), conclusion about the null hypothesis, and final conclusion that

Determine the closed loop speed transfer function, In the case of permanent...

In the case of permanent magnet DC motor whose stator consists of a permanent magnet we can take the field current to be constant (i.e. a constant magnetic field) and it can be sho

ANOVA, Your company operates a machine shop, and, having heard you had expe...

Your company operates a machine shop, and, having heard you had experience in statistics and design of experiments, consulted you for your opinion on an experiment they want to run

Che, Chebychev inequality

Chebychev inequality

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