Find mean and variance of amount of money that store takes


The number of customers entering a store on a given day is Poisson distributed with mean λ = 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 in on a given day.

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Basic Statistics: Find mean and variance of amount of money that store takes
Reference No:- TGS0116789

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