What are the applications of Poisson distribution?
An example of an AI chatbot conversation about applications of Poisson distribution.
What are the applications of Poisson distribution?
The Poisson distribution is used in various fields such as telecommunications, traffic flow, and natural disaster modeling.
Can you give me an example in telecommunications?
Sure! In telecommunications, it can model the number of phone calls received by a call center in a given time period.
What about its application in traffic flow?
In traffic flow, it helps predict the number of cars passing through a checkpoint in a specific time frame.
Are there any other fields where it's commonly used?
Yes, it's also used in fields like healthcare for modeling the occurrence of rare diseases and in finance for risk assessment.
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