Use Excels Analysis ToolPak or R, both with a seed of 1, to simulate 200 random observations
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Use Excel’s Analysis ToolPak or R, both with a seed of 1, to simulate 200 random observations based on a Poisson distribution with λ = 2. What are the mean and standard deviation of the 200 observations?
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Using Excel The mean of the 200 random observations 19700 Standar...View the full answer
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Related Book For
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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