Suppose that the number of customers visiting a fast food restaurant in a given day is N
Question:
Suppose that the number of customers visiting a fast food restaurant in a given day is N ∼ Poisson(λ). Assume that each customer purchases a drink with probability p, independently from other customers and independently from the value of N. Let X be the number of customers who purchase drinks. Find EX.
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By the above information we conclude that given N n ...View the full answer
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Related Book For 
Introduction To Probability Statistics And Random Processes
ISBN: 9780990637202
1st Edition
Authors: Hossein Pishro-Nik
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