Assume N ? Poi(?) is a Poisson-distributed random variable with probability mass function f(n) = e -?

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Assume N ? Poi(?) is a Poisson-distributed random variable with probability mass function f(n) = e-??n/n! for n ? IN0. Consider a random variable X, withimage

where Xn are independent and identically distributed ?random variables. Prove that the relation?

image

holds for the characteristic functions of X and Xn. Use the one-to-one correspondence of conditional probability and conditional distribution functions.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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