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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 if these events happen with a known constant mean rate and independently of the time since the last event.
Successes Achieved
The accomplishments or favorable outcomes attained in a given project, experiment, or other endeavors.
Random Sample
A subset of individuals chosen from a larger set, where each individual has an equal probability of being chosen, ensuring the sample’s representation of the entire population.
Without Replacement
A sampling method where each selected unit is not put back into the population before the next draw, meaning no unit can be selected more than once.
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