⚙️ FE Exam Prep

A Poisson distribution models:

A Continuous data
B The number of events occurring in a fixed interval when events happen at a constant average rate
C Binary outcomes
D Normal data only

✓ Correct Answer: Option B

Poisson: P(X=k) = (λ^k e^−λ)/k!. Models rare events: defects per unit, arrivals per hour. λ = mean rate.

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