June 2006
Beginner
793 pages
20h 59m
English
Content preview from Quantitative Techniques: Theory and Problems
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POISSON PROCESS
When the number of arrivals in a time interval of length t follows a Poisson distribution with parameter (λt), which is the product of the arrival rate (λ) and the length of the interval t, the arrivals are said to follow a poisson process.
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