Examlex
An activity-based costing system may focus on customers rather than products.
Number of Events
The total count of occurrences or actions within a specified context or timeframe.
Poisson Parameter
A parameter of the Poisson distribution that represents the average number of occurrences of an event in a fixed interval of time or space.
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.
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