An office manager feels that for a certain kind of business the daily number of incoming telephone

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An office manager feels that for a certain kind of business the daily number of incoming telephone calls is a random variable having a Poisson distribution, whose parameter has a prior gamma distribution with α = 50 and β = 2. Being told that one such business had 112 incoming calls on a given day, what would be her estimate of that particular business’s average daily number of incoming calls if she considers
(a) Only the prior information;
(b) Only the direct information;
(c) Both kinds of information and the theory of Exercise 10.77?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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