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Exhibit 2-3
The number of sick days taken (per month) by 200 factory workers is summarized below.
-Refer to Exhibit 2-3. The cumulative relative frequency for the class of 11 - 15
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 these events happen with a known constant rate and independently of the time since the last event.
Probability Of Occurrence
The likelihood of an event happening, measured on a scale from 0 (impossibility) to 1 (certainty).
Span Of Time
The duration or extent between two points in time.
Poisson Random Variable
A type of random variable that represents the number of events occurring in a fixed interval of time or space, under the condition that these events happen with a known constant mean rate and independently of the time since the last event.
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