A state before making a transition to the other state

Reference no: EM131131044

Let {X{t), t ≥ 0} be a (continuous-time) stochastic process whose state space is the set {0,1}. Suppose that the process spends an exponential time with parameter yl in a state before making a transition to the other state, where A is a discrete random variable taking the values 1 and 2 with probability 1/3 and 2/3, respectively.

Reference no: EM131131044

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