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The purpose for the statute of limitations is to
Mean Number
The arithmetic average of a set of values, calculated by dividing the sum of all values by the number of values.
Poisson Probability
The probability of a given number of events happening in a fixed interval of time or space when these events occur with a known constant mean rate and independently of the time since the last event.
Binomial Probabilities
The probabilities of achieving a specific number of successes in a fixed number of Bernoulli trials, characterized by only two possible outcomes.
Poisson Random Variable
A variable that follows the Poisson distribution, mainly used to model the number of times an event happens in a fixed interval of time or space.
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