Qi Wang, Department of Statistics
Oct 26, 2018
Poisson Process models the number of successes in a particular time period. Essentially, it’s taking an Exponential random variable and looking at a particular section of time, the number of successes in that time is a Poisson random variable. Consider a process in which events occur, such as
Phone calls arrive at a switch board at a rate of 2 per minute.
Tornado intensity is measured on the Fujita Scale. As the value of the Fujita scale increases from F0 to F5, so does the intensity of the storm. In Indiana, tornados of F3 or higher intensity occur on average once every ten years. Let T be the time (in years) between tornadoes of this intensity in Indiana. Assume tornadoes of this intensity occur independently