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POISSON

See POISSON.DIST

StatisticalPOISSON(x, mean, cumulative)

The POISSON function in Google Sheets is used to calculate the probability of a certain number of events occurring within a specified interval. It is commonly used in statistical analysis to model the occurrence of rare events. Dive into our comprehensive guide to understand its syntax and application.

Parameters

  • x: The number of events to calculate the probability for.
  • mean: The average number of events that occur in the given interval.
  • cumulative: [Optional] A logical value that defines whether to return the cumulative distribution function or the probability mass function. Default is FALSE.

Step-by-Step Tutorial

  1. Using POISSON to calculate probability mass function:

    • Example: =POISSON(3, 5, FALSE)
    • Result: The probability of having exactly 3 events occurring in an interval with an average of 5 events is approximately 0.140373895
  2. Using POISSON to calculate cumulative distribution function:

    • Example: =POISSON(3, 5, TRUE)
    • Result: The probability of having at most 3 events occurring in an interval with an average of 5 events is approximately 0.184736755

Use Cases and Scenarios

  1. Insurance Analysis: Calculate the probability of a certain number of claims occurring in a given period.
  2. Inventory Management: Estimate the probability of a specific number of items being sold in a given time frame.
  3. Quality Control: Assess the probability of a certain number of defective products occurring in a production batch.

Related Functions

  • POISSON.DIST: Calculate the probability mass function or the cumulative distribution function of a Poisson distribution.

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