Question
Let N Pois(1) be the number of movies that will be released next year. Suppose that for each movie the number of tickets sold
Let N ∼ Pois(λ1) be the number of movies that will be released next year. Suppose that for each movie the number of tickets sold is Pois(λ2), independently. Find the mean and variance of the number of movie tickets that will be sold next year.
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Step 1 Mean Let X i represents the number of tickets ...
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Statistical Techniques In Business And Economics
Authors: Douglas Lind, William Marchal
16th Edition
78020522, 978-0078020520
