The Poisson distribution is a discrete probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space, provided these events occur with a known constant mean rate and independently of the time since the last event. The Poisson formula is expressed as:
\[\begin{equation}P(x=k) = \frac{e^{-\mu} * \$o\mu^k }{k!}\end{equation}\]
where:
- denotes the number of events,
- equals approximately 2.71828,
- \represents the mean number of events,
- is the factorial of .
It is particularly useful for calculating the probabilities of rare events over a large number of trials, such as the number of times a webpage might be accessed in an hour, or the number of calls a call center receives in a day. Implementing this formula requires a basic understanding of exponentiation, factorial operations, and the natural exponent .