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The nth factorial moment of a random variable Y is defined as the expectation of Y (Y 1) (Y n + 1). (a) Suppose that
The nth factorial moment of a random variable Y is defined as the expectation of Y (Y 1) (Y n + 1).
(a) Suppose that Y Poisson(). Find an exact expression for the nth factorial moment of Y .Hint. Use a similar argument as the one used in the proof of Fact 4.18.
(b) Compute the third (regular) moment of a Poisson() random variable.
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