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Poisson Distribution

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What is the probability of exactly k events occurring in a fixed interval of time or space, given that the average rate of occurrence is lambda?

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A
P(X = k) = (lambda^k * e^(-lambda)) / k!
💡 Explanation:

The probability of exactly k events occurring in a fixed interval of time or space, given that the average rate of occurrence is lambda, is given by the Poisson distribution formula: P(X = k) = (lambda^k * e^(-lambda)) / k!

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