Poisson distribution
ABSTRACT:
In probability theory and statistics, the Poisson distribution is a discrete probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events occur with a known constant mean rate and independently of the time since the last event. It is named after French mathematician Siméon Denis Poisson. The Poisson distribution can also be used for the number of events in other specified interval types such as distance, area, or volume.
INTRODUCTION
Poisson Distribution Definition:
The Poisson distribution is a discrete probability function that means the variable can only take specific values in a given list of numbers, probably infinite. A Poisson distribution measures how many times an event is likely to occur within an “x” period of time. In other words, we can define it as the probability distribution that results from the Poisson experiment. A Poisson experiment is a statistical experiment that classifies the experiment into two categories, such as success or failure. Poisson distribution is a limiting process of binomial distribution.
A Poisson random variable “x” defines the number of successes in the experiment. This distribution occurs when
there are events that do not occur as the outcomes of a definite number of outcomes. Poisson distribution is
used under certain conditions. They are:
1)The number of trials "n" tends to infinity
2)Probability of success "p" tends to zero
3)np = 1 is finite
FORMULA:
P(X−x)=(e^(−μ).μ^x)/x!
Where :
P(X−x) = Probability of x successes.
x=0,1,2,3,…
e=2.71828
μ= mean number of successes in the given time interval or region of space.
The mean and the variance of the Poisson distribution are both equal to μ.
REAL-LIFE APPLICATION OF POISSON DISTRIBUTION:
1)NUMBER OF NETWORK FAILURES PER WEEK:
Technology companies use the Poisson distribution to model the number of expected
network failures per week.
For example, suppose a given company experiences an average of 1 network
failure per week. We can use the Poisson distribution calculator to find the probability
that the company experiences a certain number of network failures in a given week:
P(X = 0 failures) = 0.36788
P(X = 1 failure) = 0.36788
P(X = 2 failures) = 0.18394
And so on.
This gives the company an idea of how many failures are likely to occur each week.
2)NUMBER OF WEBSITE VISITORS PER HOUR:
Website hosting companies use the Poisson distribution to model the number of
expected visitors per hour that websites will receive.
For example, suppose a given website receives an average of 20 visitors per
hour. We can use the Poisson distribution calculator to find the probability that
the website receives more than a certain number of visitors in a given hour:
P(X > 25 visitors) = 0.11218
P(X > 30 visitors) = 0.01347
P(X > 35 visitors) = 0.00080
And so on.
This gives hosting companies an idea of how much bandwidth to provide to different websites to ensure that they’ll be able to handle a certain number of visitors each hour.
CONCLUSION:
One particular use of the Poisson distribution is in queuing theory. In essence, the
Poisson distribution can be used to model customers arriving in a queue, such as
when checking out items at a store. It can be determined using the distribution which is
the most efficient way of organizing the queue.
Reference:
1)https://www.toppr.com/guides/maths-formulas/poisson-distribution-formula/
2)https://learningmonkey.in/courses/probability-and-statistics/lessons/poisson-distribution-real-life-examples/