Suppose X 1 , X 2 ,... are real-valued i.i.d. random variables with mean μ and variance σ2 that represent times to process jobs. The number of jobs to be processed in a week is a nonnegative...

Suppose X1, X2,... are real-valued i.i.d. random variables with mean μ and variance σ2 that represent times to process jobs. The number of jobs to be processed in a week is a nonnegative integer-valued random variable N that is independent of the
Xn. Prove that the mean and variance of the time to do the N jobs are

May 07, 2022
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