Customers arrive according to a poisson process

Assignment Help Basic Statistics
Reference no: EM131130501

Customers arrive according to a Poisson process with rate A outside a bank where there are two automated teller machines (ATM). The two ATMs are not identical. We estimate that 30% of the customers use only ATM no. 1, while 20% of the customers use only ATM no. 2. The other customers (50%) make use of either ATM indifferently. The service times at each ATM are independent exponential random variables with parameter μ. Finally, there is space for a single waiting customer. We define the states

(a) Write the balance equations of the system. Do not solve them.

(b) Calculate, in terms of the limiting probabilities,

(i) the variance of the number of customers who are waiting to use an ATM,

(ii) the average time that an arbitrary customer, who enters the system and wishes to use ATM no. 2, will spend in the system.

Reference no: EM131130501

Questions Cloud

Why might the company refuse to split its shares to make : The share price of BRKA has never been spilt. Why might the company refuse to split its shares to make them more affordable to average investors?
What is economic rationale for regulating pharmaceuticals : What is the economic rationale for regulating pharmaceuticals? How much regulation should occur? Who thinks this regulation is positive? Who thinks it is negative?
How would this affect measured velocity : Velocity and ATMs. Suppose the introduction of ATMs led households to hold less of their wealth as deposits in banks or savings and loans.
What should the management of sports products : What should the management of Sports Products, Inc., pursue as its overriding goal? Why? Does the firm appear to have an agency problem? Explain. Evaluate the firm's approach to pollution control. Does it seem to be ethical? Why might incurring the e..
Customers arrive according to a poisson process : Customers arrive according to a Poisson process with rate A outside a bank where there are two automated teller machines (ATM). The two ATMs are not identical. We estimate that 30% of the customers use only ATM no.
How change is influenced in the organization : How the culture was formed and the effects that its culture has on the organization's outcomes and effectiveness?- how new members of the organization are socialized?
Will these companies have issues involving customer privacy : What are the implications for those companies that bid for the chance to have exclusive advertising featured on their webpage? Is this practice based on the information exchange or some other type of consumer behavior?
What is the growth rate of real output : If the growth rate of money is 10 percent per year, annual inflation is 7 percent, and the growth rate of velocity is 1 percent per year, what is the growth rate of real output?
Queueing system in which ordinary customers arrive : We consider a queueing system in which ordinary customers arrive according to a Poisson process with rate λ and are served in a random time having an exponential distribution, with parameter μ, by either of two servers.

Reviews

Write a Review

Basic Statistics Questions & Answers

  What is the variance and standard deviation

Twenty three percent of automobiles are not covered by insurance. On a particular weekend, 35 automobiles are involved in accident.

  A jar contains 1 red marble 3 yellow marbles and 2 blue

question a jar contains 1 red marble 3 yellow marbles and 2 blue marbles. a game consists of selecting a marble and

  Find proportion of population of school employees are female

In a random sample of 328 florida public school employees, 231 were female. write a 95% confidence interval for the proportion of the population of florida public school employees that are female.

  Assuming normality test the hypothesis that the true

specimens of blood from 10 different animals were analyzed for blood count say y in units of 100 and packed cell volume

  Confidence interval and z-statistic

In the spring of 2002, residents of the United States were quite worried about the possibility of further terrorists attacks. To gauge the public's sentiment on this topic, the Gallup Poll asked 1002 U.S.

  A loan officer at a bank rates applicants for credit

a loan officer at a bank rates applicants for credit. ratings are normally distributed. the mean is 240 and the

  An advertisement for a popular weight loss clinic suggests

an advertisement for a popular weight loss clinic suggests that participants in its new diet program lose on average

  Let x be a random variable with density function compute p

let x be a random variable with density functionfx 2 exp2x x gt 00 otherwise.a compute p 0.5 lt x lt 1b compute f x

  Let x be the number of successes in seven independent

let x be the number of successes in seven independent trials of a binomial experiment in which the probability of

  People receiving and waiting to receive information

A new shopping mall is considering setting up an information desk manned by one employee. Based upon information obtained from similar information desks, it is believed that people will arrive at the desk at the rate of 15 per hour.

  Computing percentages of funds-bienayme-chebyshev rule

According to Bienayme-Chebyshev rule, what percentages of these funds are likely to be within ±2 standard deviation of mean?

  Apply the large-sample approximation

Apply the large-sample approximation given in Comment 53 to the data in Table 8.9. Compare this approximation with the approximation based on (8.91) that was used in Example 8.6.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd