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Find the Mean of the Poisson Random Variable XX Has a Poisson Distribution with Parameter

question 77

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Find the mean of the Poisson random variable.
-Suppose XX has a Poisson distribution with parameter λ=1.4\lambda = 1.4 . Find the mean of XX .


Definitions:

Paid-In Capital Excess

The amount of equity a company generates that is above the par value of its shares, often arising from the initial sale of its stock.

Par Value

A nominal value assigned to a security or stock, often used in accounting to represent the standard or face value.

Shares

Represent units of ownership interest in a corporation or financial asset, providing an equitable distribution of any profits, if declared, in the form of dividends.

Date Of Payment

The specific day on which a payment is due to be made or actually made.

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