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Arrival Rate
The frequency at which entities (e.g., customers, data packets) arrive at a specific point within a system or process.
Poisson Distribution
A distribution of probabilities indicating the likelihood of a certain number of occurrences within a specified time or space interval.
Exponential Distribution
A probability distribution used to model the time between events in a process where events occur continuously and independently at a constant average rate.
Probability
The likelihood or chance of an event occurring, often expressed as a number between 0 and 1.
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