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Poisson Distribution
The Poisson distribution is the discrete probability distribution of the number
of events occurring in a given time period, given the average number of times
the event occurs over that time period.
EXAMPLE
In addition to its use for staffing and scheduling, the Poisson distribution also
has applications in biology (especially mutation detection), finance, disaster
readiness, and any other situation in which events are time-independent.
Practical Applications
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References
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