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Using Google Wallet,consumers can pay for goods in stores.At check out,mobile users simply pass or tap their phone on a merchant terminal and payment is transferred.Users receive an SMS text message confirmation.The Google Wallet and similar payment systems are based on ________ technology.
Poisson Random Variable
A type of discrete random variable that expresses the probability of a given number of events occurring in a fixed interval of time or space.
Poisson Probabilities
Probabilities calculated under the assumption of a Poisson distribution, typically used to model the number of times an event occurs in a fixed interval of time or space.
Calculate
To determine something mathematically, often by using a specific formula or procedure.
Poisson Distribution
A probability distribution that expresses the probability of a given number of events happening in a fixed interval of time or space, assuming events occur with a known constant mean rate and independently of the time since the last event.
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