Find the mean and variance of the amount of money


The number of customers entering a store on a given day is poisson distributed with mean lamda = 10. the amount of money spent by a customer is uniformly distributed over (0,100). Find the mean and variance of the amount of money that the store takes on a given day.

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Basic Statistics: Find the mean and variance of the amount of money
Reference No:- TGS0108546

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