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what does Poisson-distributed randomness look like? Events generated by Poisson processes or amenable to the small-p binomial approximation look like Poisson.
by thanatropism 12y ago
what does Poisson-distributed randomness look like?
Events generated by Poisson processes or amenable to the small-p binomial approximation look like Poisson. Events not amenable to the small-p approximation look Gaussian. Extreme value measurements (flood water levels, auction prices) look Weibull, Fréchet or Gumbel.
Appropriate statistical methodologies are appropriate. sigh