Suppose that the number of customers who enter a post office
Suppose that the number of customers who enter a post office is a poisson random variable, and suppose that P{x=0}=0.05. Determine the mean and variance of X.
Solution
Let ? be the parameter of the poisson distribution
now, P(X = 0) = ?0 * e-? / 0! = e-? = 0.05
Therefore,
? = ln(100/5) = 2.996
Now ,
mean = ? = 2.996
variance = ? = 2.996

