One of the most useful applications of the Poisson distribution is in analysing visitor numbers on websites.

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One of the most useful applications of the Poisson distribution is in analysing visitor numbers on websites. Analysts generally believe visitor numbers (‘hits’) are Poisson distributed. Suppose a large e-commerce website averages 12600 visits per minute.

(a) What is the probability that there will be 13000 hits in any given minute?

(b) If a server can handle a maximum of 15000 hits per minute, what is the probability that it will be unable to handle the hits in any 1-minute period?

(c) What is the probability that between 12000 and 13000 hits will occur in any given minute?

(d) What is the probability that 5000 or fewer hits will arrive in a 15-second interval?

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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Business Analytics And Statistics

ISBN: 9780730363330

1st Edition

Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi

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