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Unformatted text preview: with a known average rate and independently of the time since the last event. (The Poisson distribution can also be used for the number of events in other specified intervals such as distance, area or volume.) http://en.wikipedia.org/wiki/Poisson_distribution In probability theory and statistics , the geometric distribution is either of two discrete probability distributions : The probability distribution of the number X of Bernoulli trials needed to get one success, supported on the set { 1, 2, 3, . ..} The probability distribution of the number Y = X 1 of failures before the first success, supported on the set { 0, 1, 2, 3, . .. } Which of these one calls "the" geometric distribution is a matter of convention and convenience. http://en.wikipedia.org/wiki/Geometric_distribution...
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This note was uploaded on 10/19/2011 for the course ACCT 212 taught by Professor Schmith during the Summer '11 term at DeVry NJ.
 Summer '11
 Schmith
 Accounting

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