GATE 2024 DA – Question 11
Consider the following statements:
(i) The mean and variance of a Poisson random variable are equal.
(ii) For a standard normal random variable, the mean is zero and the variance is one.
Which ONE of the following options is correct?
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Show answer and explanation
Correct answer: (A) Both (i) and (ii) are true
Explanation
A Poisson variable with parameter $\lambda$ has mean $\lambda$ and variance $\lambda$. The standard normal variable is defined to have mean 0 and variance 1. Both statements are true.