The number of breakdowns Y per day for a certain machine
Chapter 9, Problem 59E(choose chapter or problem)
Problem 59E
The number of breakdowns Y per day for a certain machine is a Poisson random variable with mean λ. The daily cost of repairing these breakdowns is given by C = 3Y 2. If Y1, Y2, . . . , Yndenote the observed number of breakdowns for n independently selected days, find an MVUE for E(C).
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