Define the steady-state probabilities of the given process

Assignment Help Basic Statistics
Reference no: EM131812177

Question: The director of the study abroad program at a college advises one, two, or three students at a time depending on how many students are waiting outside his office. The time for each advisement session, regardless of the number of participants, is exponential with mean 1/µ, independent of other advisement sessions and the arrival process. Students arrive at a Poisson rate of λ and wait to be advised only if two or less other students are waiting to be advised. Otherwise, they leave. Upon the completion of an advisement session, the director will begin a new session if there are students waiting outside his office to be advised. Otherwise, he begins a new session when the next student arrives. Let X(t) = f if the director of the study abroad program is free and, for i = 0, 1, 2, 3, let X(t) = i if an advisement session is in process and there are i students waiting outside to be advised. Show that $ X(t): t ≥ 0 % is a continuous-time Markov chain and find πf , π0, π1, π2, and π3, the steady-state probabilities of this process.

Reference no: EM131812177

Questions Cloud

Koss corporation over electronic fund transfers : Recommend two controls that you would establish at Koss Corporation over electronic fund transfers.
What is member a basis in the real estate : Member A has an adjusted basis in his membership interest in Net Big Partnership of $6,000. What is Member A's basis in the real estate received from Net Big
Record adjusting journal entries for each of the following : Record adjusting journal entries for each of the following. Assume no other adjusting entries are made during the year.
Transaction in the general journal with narratives : Record the following transaction in the general journal with narratives.
Define the steady-state probabilities of the given process : The director of the study abroad program at a college advises one, two, or three students at a time depending on how many students are waiting outside.
Transferred cost of jobs completed to finished goods : Transferred cost of jobs completed to finished goods, $56, 800. Sold jobs on account for $82,000. The jobs had a cost of $56, 800.
Prepare a cost of production report for may : Inventories are costed by the first-in, first-out method. From Department A, 55,000 units started this period: Prepare a cost of production report for May
Determine dividend amounts under : The records of Hollywood Company reflected the following balances in the stockholders' equity accounts at the end of the current year: Common stock
Determining the estimated amounts : Red Raider Company uses a plantwide overhead rate with direct labor hours as the allocation base. Next year, 460,000 units are expected to be produced taking.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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