Using soccer to grasp the difference between Poisson & binomial: Probability for Data Science Series (3)
When you aren’t a paid member on Medium, I make my stories available without spending a dime: Friends link
The Poisson and Binomial distributions are two fundamental discrete probability distributions utilized in data science and statistics. While each involve counting occurrences or successes, they differ of their underlying assumptions and use cases.
When you’re like me, you would possibly sometimes query whether to investigate an issue using the Poisson or Binomial distribution — especially in the event you haven’t worked with them recently.
To make clear this, let’s look into the characteristics of every distribution, when to make use of them, and learn how to distinguish between the 2.
- Poisson Distribution
- Binomial Distribution
- Poisson vs. Binomial: What’s the Difference?
- TL;DR
