operties of the Poisson Process 1. The number of outcomes occurring in one-time interval or specified region of space is independent of the number that occur in any other disjoint time interval or region. In this sense we say that the Poisson process has no memory. 2. The probability that a single outcome will occur during a very short time interval or in a small region is proportional to the length of the time interval or the size of the region and does not depend on the number of outcomes occurring outside this time interval or region. 3. The probability that more than one outcome will occur in such a short time interval or fall in such a small region is negligible.

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Explain each briefly the THREE (3) Properties of the Poisson Process.

Properties of the Poisson Process
1. The number of outcomes occurring in one-time interval or specified region of
space is independent of the number that occur in any other disjoint time interval
or region. In this sense we say that the Poisson process has no memory.
2. The probability that a single outcome will occur during a very short time
interval or in a small region is proportional to the length of the time interval or the
size of the region and does not depend on the number of outcomes occurring
outside this time interval or region.
3. The probability that more than one outcome will occur in such a short time
interval or fall in such a small region is negligible.
Transcribed Image Text:Properties of the Poisson Process 1. The number of outcomes occurring in one-time interval or specified region of space is independent of the number that occur in any other disjoint time interval or region. In this sense we say that the Poisson process has no memory. 2. The probability that a single outcome will occur during a very short time interval or in a small region is proportional to the length of the time interval or the size of the region and does not depend on the number of outcomes occurring outside this time interval or region. 3. The probability that more than one outcome will occur in such a short time interval or fall in such a small region is negligible.
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