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No, there's no assumption of "natural rate" or anything like that. The ordinary way of estimating the mean parameter for a Poisson distribution is by taking ave
by mistercow 14y ago
No, there's no assumption of "natural rate" or anything like that. The ordinary way of estimating the mean parameter for a Poisson distribution is by taking average value over the sample period (http://en.wikipedia.org/wiki/Poisson_distribution#Maximum_likelihood http://en.wikipedia.org/wiki/Poisson_distribution#Maximum_li...).
>The mean across the years has got nothing to do with this IMO.
Well, that's all well and good, but your opinion is irrelevant. This is simply how this statistical tool is used. And crucially, the data fits this model, so objecting to its completely standard parameters is very silly.