Chapter 8: Poisson Distribution. Flashcards
What 4 things does X have to follow to use a Poisson Distribution?
- X has be be a whole number of events in a given period.
- The events must occur randomly and independently.
- The events must happen singly (one at a time).
- The events must happen at a constant rate.
What do you write if the discrete random variable X follows a Poisson Distribution?
X ~ Po(λ)
What does the mean equal for a poisson distribution?
λ (Poisson Parameter).
What does the variance equal for a poisson distribution?
λ (Poisson Parameter).
Are the mean and variance equal for a Poisson Distribution?
Yes, they both equal, λ (Poisson Parameter).
How do you find the variance from the Standard Deviation?
Variance = (S.D)².
What happens if the time period of a Poisson Distribution changes?
(e.g. 1 day to 1 week).
You have to multiply ‘λ’ by the difference. X ~ Po(nλ). Where ‘n’ is the scalar product.
X ~ Po(λ) would go to X ~ Po(7 x λ).
What is the formula for if you add 2 different independent random variables?
X ~ Po(λ) and Y ~ Po(δ)
X ~ Po(λ) + Y ~ Po(δ)
–>
X + Y ~ Po(λ + δ).