How Do You Calculate the Expected Value Using Poisson Distribution?

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SUMMARY

The discussion focuses on calculating the expected value using the Poisson distribution formula W=(λ^n/n!)*e^-λ. The expected value is derived from the summation =ƩW*n, leading to the expression =∑(n=1 to ∞) (λ^n/(n-1)!)*e^-λ. Participants emphasize the importance of recognizing e^-λ as a constant that can be factored out of the summation, and they suggest manipulating the expression by pulling out a factor of λ to align the exponent with the factorial in the denominator.

PREREQUISITES
  • Understanding of Poisson distribution and its properties
  • Familiarity with summation notation and series
  • Knowledge of factorials and their role in probability distributions
  • Basic calculus concepts, particularly differentiation
NEXT STEPS
  • Study the derivation of the expected value for Poisson distribution
  • Learn about generating functions and their applications in probability
  • Explore Taylor Series expansions and their relevance in statistical calculations
  • Investigate the relationship between Poisson distribution and other distributions, such as the exponential distribution
USEFUL FOR

Students in statistics, mathematicians, and anyone involved in probability theory who seeks to understand the application of the Poisson distribution in calculating expected values.

catsonmars
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Homework Statement


Use the Poisson distribution W=(λ^n/n!)*e^-λ to calculate <n>


Homework Equations


<n>=ƩW*n



The Attempt at a Solution


Since W = (λ^n/n!)*e^-λ I wind up with <n>=[(λ^n/n!)*e^-λ]*n
But I really don't know where to go from here. Should I do a Taylor Series. I've tried crossing out the top n and ended up with


[(λ^n/(n-1)!)*e^-λ] but this doesn't seem to help. If anyone can point me in the right direction or a general problem solving strategy that would be great. I'd like to demonstrate more work but I don't know what to do.
 
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Evaluate the generating function
[tex]Z(x)=\sum_{n=0}^{\infty} W(n) \exp(-n x).[/tex]
Then you can get expectation values by taking derivatives of this function wrt. [itex]x[/itex] :-).
 
catsonmars said:

Homework Statement


Use the Poisson distribution W=(λ^n/n!)*e^-λ to calculate <n>


Homework Equations


<n>=ƩW*n



The Attempt at a Solution


Since W = (λ^n/n!)*e^-λ I wind up with <n>=[(λ^n/n!)*e^-λ]*n
But I really don't know where to go from here. Should I do a Taylor Series. I've tried crossing out the top n and ended up with


[(λ^n/(n-1)!)*e^-λ] but this doesn't seem to help. If anyone can point me in the right direction or a general problem solving strategy that would be great. I'd like to demonstrate more work but I don't know what to do.
You need the summation.
$$\langle n \rangle = \sum_{n=0}^\infty \frac{\lambda^n}{n!} e^{-\lambda} n = \sum_{n=1}^\infty \frac{\lambda^n}{(n-1)!} e^{-\lambda}$$ Note that the lower limit changed from n=0 to n=1, since the n=0 term is 0. You just need to recognize that ##e^{-\lambda}## is a constant, so you can factor it out of the summation. Similarly, try pulling one factor of ##\lambda## out so that the exponent of ##\lambda## inside the summation matches up with the factorial.
 

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