What is the Poisson distribution?
The Poisson distribution is a probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.
Can you give me an example of where it might be used?
Sure! It's often used in scenarios like predicting the number of emails received in an hour or the number of phone calls at a call center.
What are the key properties of the Poisson distribution?
Key properties include that it is defined by a single parameter, λ (lambda), which is the average rate of occurrence, and it is used for counting events that happen independently.
How does it differ from the normal distribution?
The Poisson distribution is discrete and used for count data, while the normal distribution is continuous and used for data that can take any value.
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