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Lec 06

The document discusses a binomial and Poisson distribution model for the number of customers and sales on a given day, where the number of customers follows a Poisson distribution and the number of sales given the customers follows a binomial distribution. It asks for the expected value, variance, and marginal distribution of sales under this model.

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44 views1 page

Lec 06

The document discusses a binomial and Poisson distribution model for the number of customers and sales on a given day, where the number of customers follows a Poisson distribution and the number of sales given the customers follows a binomial distribution. It asks for the expected value, variance, and marginal distribution of sales under this model.

Uploaded by

david
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Example 1

For any given day, let N be the number of customers that visit
your shop (or website, ...); and let X be the number of sales you
make. Suppose

X|N ∼ Binomial(N, p) and N ∼ Poisson(λ).

(a) What’s E(X)?


(b) What’s Var(X)?
(c) What’s the marginal distribution of X?

& %
ActSc 613 | Lecture 6 © 2015-17 by M. Zhu, PhD 1 of 1

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