Suppose the number of customers X that enter a store between the hours 9:00 a.m. and 10:00 a.m. follows a Poisson distribution with parameter θ. Suppose a random sample of the number of customers that enter the store between 9:00 a.m. and 10:00 a.m. for 10 days results in the values
9 7 9 15 10 13 11 7 2 12
(a) Determine the maximum likelihood estimate of θ. Show that it is an unbiased estimator.
(b) Based on these data, obtain the realization of your estimator in part (a). Explain the meaning of this estimate in terms of the number of customers.