Which of the following correctly describes a Poisson random variable?
A) It does not generate a binomial either/or outcome because only a single type of outcome or "event" is occurring during the Poisson process.
B) It equals the number of occurrences of a specified event within a specified time or space.
C) a and b

Question

Quizplus · Accepted Answer

A Poisson random variable is characterized by a single type of event or outcome occurring over a specified time or space. This means that it does not generate a binomial either/or outcome. Therefore, both options A and B are true statements, so the correct answer is C.

Which of the Following Correctly Describes a Poisson Random Variable