a given time or space. Conditions: 1. Each occurrence is independent within the given timeframe 2. The rate of occurrence is constant within the given timeframe
match, what is the probability of `k` goals in the next match. • Given that lightning strikes 3 times during 2 hrs of raining, what is the probability of lightning striking `k` times during 2 hrs of raining. In most cases you are interested in occurence of these events, it doesn't matter how many times it did not occur.
all users vs active users of Facebook • Recommendations for all items on amazon vs recommendation for Phones • Adding new users vs improving for existing user/item pair
and be happy* • Visualize the data set • Take the future user/item interaction into consideration • What area of users will profit you the most. * Subject to risks