Poisson distribution

{
  "id": "MLC-T-OAG-002837",
  "term": "Poisson distribution",
  "field": "Oil and gas",
  "definition": "A discrete probability distribution that models the number of independent events occurring within a fixed interval of time or space, given a known average rate. It is applicable when events happen with a constant mean rate and independently of each other. In reservoir characterization, this distribution can be used to analyze the frequency of geological features or well failures.",
  "subject": "Reservoir Characterization",
  "url": "https://mlchart.com/terminology/oil-and-gas/poisson-distribution/"
}