## Poisson Distribution Explained

Poisson Distribution outputs the probability of a sequence of events happening in a fixed time interval.

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# Tag: Expected Value

## Poisson Distribution Explained

Poisson Distribution outputs the probability of a sequence of events happening in a fixed time interval.

Probability, Probability Distributions
## Expected Value

Probability, Probability Distributions, Statistics

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Expected Value is the average value we get for a certain Random Variable when we repeat an experiment a large number of times. It is the theoretical mean of a Random Variable. Expected Value is based on population data. Therefore it is a parameter.