what does Poisson-distributed randomness look like?
Events generated by Poisson processes or amenable to the small-p binomial approximation look like Poisson. Events not amenable to the small-p approximation look Gaussian. Extreme value measurements (flood water levels, auction prices) look Weibull, Fréchet or Gumbel.
Appropriate statistical methodologies are appropriate. sigh
Comments
what does Poisson-distributed randomness look like?
Events generated by Poisson processes or amenable to the small-p binomial approximation look like Poisson. Events not amenable to the small-p approximation look Gaussian. Extreme value measurements (flood water levels, auction prices) look Weibull, Fréchet or Gumbel.
Appropriate statistical methodologies are appropriate. sigh