The number of clients a store has during a week is Poisson distributed with- 25. The amount of money spent by each client follows a random= el,000t+250t2. Assuming themean Avariable with moment generating function o(t)independence between the number of clients, and the amount of money spentby each client.Find the mean and variance of the amount of money received by the store everyweek.

The moment generating function is, ϕt=e1000t+250t2 Mean: Et=ddtϕt by putting t=0…

The number of clients a store has during a week is Poisson distributed with mean A = 25. The amount of money spent by each client follows a random variable with moment generating function o(t) = e1,000t+250t². Assuming the independence between the number of clients, and the amount of money spent by each client. Find the mean and variance of the amount of money received by the store every week.

The number of clients a store has during a week is Poisson distributed with mean A = 25. The amount of money spent by each client follows a random variable with moment generating function o(t) = e1,000t+250t². Assuming the independence between the number of clients, and the amount of money spent by each client. Find the mean and variance of the amount of money received by the store every week.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.5: Correlation And Causation

Problem 2AGP

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