In our discussion of the Poisson distribution, we used this distribution to represent the distribution of positive

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In our discussion of the Poisson distribution, we used this distribution to represent the distribution of positive responses (Definitely Purchase) to the eKnow per hour at the convention booth. Is it reasonable to assume that the Poisson distribution is appropriate for finding the probabilities that we need? Why or why not?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Making Hard Decisions with decision tools

ISBN: 978-0538797573

3rd edition

Authors: Robert Clemen, Terence Reilly

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