Answer to Question #104678 in Statistics and Probability for ps

Question #104678
a) The mean weekly sales of soap bars in departmental stores was 146.3 bars per store.
After an advertising campaign the mean weekly sales in 22 stores for a typical week increased to 153.7 and showed a standard deviation of 17.2. Was the advertising campaign successful?
b) i) Find the maximum likelihood estimate for the parameter λ of a Poisson
distribution on the basis of a sample of size n. Also find its variance.
ii) Show that the sample mean ,x is sufficient for estimating the parameter λ of the Poisson distribution.
1
Expert's answer
2020-03-10T13:27:10-0400
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