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A taxi alternates between three different locations. Whenever it reaches location i, it stops and spends a random time having mean ti before obtaining another passenger, i = 1, 2, 3. A passenger entering the cab at location i will want to go to location j with probability Pij . The time to travel from i to j is a random variable with mean mij . Suppose that t1 = 1, t2 = 2, t3 = 4, P12 = 1, P23 = 1, P31 = 2 = 1 - P32, m12 = 10, m23 = 20, m31 = 15, m32 = 25. De?ne an appropriate semi-Markov process and determine
(a) the proportion of time the taxi is waiting at location i, and
(b) the proportion of time the taxi is on the road from i to j, i, j = 1, 2, 3.
Test the hypothesis that the average price is higher than $1.87. Use level of significance α = 0.05.
Let X equal the number of people selected at random that you must ask in order to find someone with the same birthday as yours. Give the values of the mean, variance, and standard deviation of X?
Assume that you go to the drive through window at Wendy's and place an order. Two friends of yours independently place orders at the drive through window at the same Wendy's.
Use SolverTable to investigate the effects of simultaneous changes in the selling prices of the products. Specifically, see what happens to the total revenue when the selling prices of oak products and the selling prices of pine products are allow..
Suppose your prior on θ isuniform on [0, 1] and that she then makes two shots in a row. Assume that the outcomes of thetwo shots are independent.
when the null hypothesis for an anova analysis comparing four treatment means is rejectedselect onea. 4 comparisons of
If the supplier selects the pairs of earrings at random, what is the chance that the jewelry store gets exactly two sets of platinum pairs?
Determine whether the following equations have a solution or not? Justify your answer. What type of solution do you get for quadratic equations where D
Plot the market-share data. (b) Describe the trend (if any) and discuss possible causes. (c) Fit three trends (linear, exponential, quadratic).
base on a survey of over 10000 households the number of televisions in the home was recorded as given in the table
Exponential distribution witha a mean value of 4 minutes. What is the probability that you will be served in less than three minutes on 4 of the next 6 days.
As the correlation coefficient increases from 0.85 to 0.88, do the points of the scatter plot move toward the regression line, or away from it?
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