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Defective Items
Products that fail to meet quality standards or specifications and are therefore unsuitable for their intended use.
Poisson Distribution
The Poisson distribution is a probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events happen with a known constant rate and independently of the time since the last event.
Variance
A measure of the dispersion or spread of a set of data points around their mean value, quantifying how much the data points differ from the average.
Poisson Problem
A statistical problem that deals with counting the number of events that occur randomly over a fixed period or in a fixed space, assuming that these events happen with a known constant mean rate and independently of the time since the last event.
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