Originally Posted by
Aaron1097 Would someone be able to simplify the following;
Sum(from i=1 to N(t)) of X(i,t)
where N(t) is a poisson distributed random variable with mean 4.5
Each X(i,t) is an independent log-normal varibles with mean and variance of 20,000
need to repeat for each t = 1,2,3
I don't need this solved, just in a form where it can written into excel to be evaluated.
Also from about the 40 of the 150ish people I asked in my class about this, not one of us has even a slight clue as to how to do this
thanks