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APPLICATIONS OF POISSON:

 To determine how much variation there will likely be from that average number of
occurrences
 To determine the probable maximum and minimum number of times the event will
occur within the specified time frame
 Companies can utilize the Poisson Distribution to examine how they may be able to
take steps to improve their operational efficiency. For instance, an analysis done
with the Poisson distribution might reveal how a company can arrange staffing in
order to be able to better handle peak periods for customer service calls.