Use Excels Analysis ToolPak or R, both with a seed of 1, to simulate 200 random observations

Question:

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?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Analytics Communicating With Numbers

ISBN: 9781260785005

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

Question Posted: