A brief introduction to the Poisson distribution. I discuss the conditions required for the Poisson distribution to hold, discuss the formula, and look at a simple example. I end off with a brief discussion of the relationship between the binomial distribution and the Poisson distribution.
Those wanting a slightly slower and more refined introduction can watch my updated version of this video at: • An Introduction to the Poisson Distribution .
I discuss the when a random variable has a binomial distribution in a little more detail in my "Poisson or not" video, available at: • Video