Read full paper at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=51236#.VGAYaWfHRK0 Author(s) Kung-Kuen Tse Affiliation(s) Department of Mathematics, Kean University, Union, USA . 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. KEYWORDS Poisson Processes , Gamma Distribution , Inter-Arrival Time , Marked Poisson Processes Cite this paper ...
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