Technical GlossaryMathematics, Statistics and Optimization
Poisson Distribution
A discrete distribution used to model the number of events occurring within a fixed interval of time or space.
The Poisson distribution is used to model how many countable events occur within a fixed interval of time or space. Examples include the number of calls received in a minute, the number of errors on a server, or the number of events occurring in a specific region. It is especially useful when events are assumed to occur independently at a roughly constant average rate. The Poisson distribution is highly practical in operations analytics, traffic modeling, and event intensity analysis.
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