Lesson 1 of 4: Learning Outcome

At the end of this lesson, the learner should be able to:

1.Identify characteristics of a Poisson distribution through the assumptions for the distribution.

2.Calculate probabilities, mean and standard deviation of the Poisson distribution using relevant formulas.

3.Solve real-life business problems by applying concepts of Poisson distribution.

Lesson 2 of 4: Introduction to Poisson Distribution (10 mins)

• What is Poisson Distribution
• Characteristics

How to calculate Poisson Distribution using calculator?

• Example 1A
• Example 1B
• Example 2

https://youtu.be/_bOLIwPv0ZU

Lesson 3 of 4: Mean and Variance of a Poisson Distribution (10 mins)

• Example Part (A)
• Example Part (B)

Using Calculator for Binomial Probability Distribution