PROBABILITY DISTRIBUTIONS - Binominal, Poisson, and Normal Distributions - Poisson Distributions

4 important questions on PROBABILITY DISTRIBUTIONS - Binominal, Poisson, and Normal Distributions - Poisson Distributions

What is the only one parameter of the Poisson distribution?

Lambda

True or False. Lambda is the average rate of events per interval.

True

True or False. Lambda is the average rate of events per interval.

True
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True or False. The mean of a Poisson distribution is always the Lambda

True

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