1. The Poisson distribution describes the probability of a number of events occurring in a fixed period of time if these events happen with a known average rate and independently of the time since the last event.
2. The Poisson distribution is defined by one parameter, usually denoted by λ, which represents the expected number of events in the given interval of time or space.
3. The probability of observing x events is given by P(X=x) = (e-λ λx)/x!, where e is the base of the natural logarithms.