The LSD Model

=22cm \epsffile{purchaseincidence.eps}

  1. Purchase processes of customers follow independent, stationary Poisson processes
  2. The parameters $ \mu$ follow a truncated $ \Gamma$-distribution

-> The frequency distr. follows a logarithmic series distribution

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© Michael Hahsler, Abteilung für Informationswirtschaft, Living Lectures - Virtual University, The Virtual Library, WU-Wien. 9/3/2001 13:14:4