TITLE:
Some Applications of the Poisson Process
AUTHORS:
Kung-Kuen Tse
KEYWORDS:
Poisson Processes, Gamma Distribution, Inter-Arrival Time, Marked Poisson Processes
JOURNAL NAME:
Applied Mathematics,
Vol.5 No.19,
November
7,
2014
ABSTRACT: The Poisson process is a stochastic process that models many real-world phenomena. We present the definition of the Poisson process and discuss some facts as well as some related probability distributions. Finally, we give some new applications of the process.