The Poisson distribution is a special case of the binomial distribution that it models discrete events. It expresses the probability of a number of relatively rare events occurring in a fixed time if ...

Probability is a measure of the likelihood that a particular event will occur. It plays an essential role in various fields, including statistics, mathematics, and financial analysis. Trying to ...

This application provides an intuitive interface for calculating four fundamental discrete probability distributions commonly used in statistics and probability theory. Built with modern Java Swing ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

Any probability distribution on [0,∞) can function as the mixing distribution for a Poisson mixture, i.e. a mixture of Poisson distributions. The mixing distribution is called quasi-infinitely ...