I'm interested in the mean value

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roustabout

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I'm interested in getting the mean value from the following gamma distribution parameter where scale=42.5 and shape=3. Is this the correct way to calculate the mean = scale*shape?

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roustabout said:
I'm interested in getting the mean value from the following gamma distribution parameter where scale=42.5 and shape=3. Is this the correct way to calculate the mean = scale*shape?

**broken link removed**
Click to expand...


you could do some Monte Carlo simulations and average the runs to check.
 

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