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1. The document provides an assignment on properties of exponential and Poisson processes that includes exercises from a textbook and original problems to solve.
2. It describes a compound Poisson process as a stochastic process where the jump sizes of a Poisson process are random variables from an independent distribution rather than being a fixed value.
3. It asks students to analyze the inter-finish time distribution of a turkey half marathon using race results data and compare if it matches an exponential distribution by plotting a histogram of the differences in finish times.
1. The document provides an assignment on properties of exponential and Poisson processes that includes exercises from a textbook and original problems to solve.
2. It describes a compound …