The machines in a factory break down in a Poisson pattern at an... | Filo
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Peter Math on Instagram: "I used Parrot AI to edit this, link in bio👆 A Poisson process is a mathematical model used to describe random events that occur independently over time, but at a constant average rate. It’s perfect for capturing situations like phone calls arriving at a call center, radioactive particles decaying, or cars passing through a toll booth. Even though the timing of each event is unpredictable, the overall pattern follows a well-defined statistical structure. The beauty of t
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