Vietnam Quantitative Finance Society

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05-03-2008, 01:33 AM   #1
pde

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Default Mixed Distributions

Deers get hit at a rate of 20 per day (Poisson process with rate 20). The time when a deer is hit to when rangers arrive to collect her follows an exponetial distribution with a mean of 7 (days). Calculate the expected number of deers collected by rangers in 10 days.
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