Problem regarding the independent increments

Assignment Help Basic Statistics
Reference no: EM131005858

In good years, storms occur according to a Poisson process with rate 3 per unit time, while in other years they occur according to a Poisson process with rate 5 per unit time. Suppose next year will be a good year with probability 0.3. Let N(t) denote the number of storms during the ?rst t time units of next year.

(a) Find P{N(t) = n}.

(b) Is {N(t)} a Poisson process?

(c) Does {N(t)} have stationary increments? Why or why not?

(d) Does it have independent increments? Why or why not?

(e) If next year starts off with three storms by time t = 1, what is the conditional probability it is a good year?

Reference no: EM131005858

Questions Cloud

Depend on the number : The policy of searching for a ?xed time is a static policy. Would a dynamic policy, which allows the decision as to whether to stop at each time t, depend on the number already found by t be bene?cial?
Distribution of the time : What is the distribution of the time at which the last rider departs the car? Suppose the last rider departs the car at time t. What is the probability that all the other riders are home at that time?
Distributed according to a poisson process : Policyholders of a certain insurance company have accidents at times distributed according to a Poisson process with rate λ. The amount of time from when the accident occurs until a claim is made has distribution G.
Number of customers in the system : 1. Consider an in?nite server queuing system in which customers arrive in accordance with a Poisson process with rate λ, and where the service distribution is exponential with rate μ. Let X(t) denote the number of customers in the system at time t..
Problem regarding the independent increments : (a) Find P{N(t) = n}. (b) Is {N(t)} a Poisson process? (c) Does {N(t)} have stationary increments? Why or why not? (d) Does it have independent increments? Why or why not?
Exponential distribution with rate : (a) If F is the exponential distribution with rate λ, which, if any, of the processes {Xn}, {Yn} is a Markov chain? (b) If G is the exponential distribution with rate μ, which, if any, of the processes {Xn}, {Yn} is a Markov chain?
Determine the distance between the point and the line : Give the point A = (1, 2, 3) and the straight line (x+1/1) = (y-1/2) = z/2. Determine: The (shortest) distance between the point A and the line
Find the laplace transform of each of the given function : Find the Laplace transform of each function below. f(t)= 2 δ (t) + u3(t); f(t) = δ (t - π) (t2 +t4) sin(t); f(t) = δ (t - 1) tet.
Distribution of the time : What is the distribution of the time at which the last rider departs the car? Suppose the last rider departs the car at time t. What is the probability that all the other riders are home at that time?

Reviews

Write a Review

Basic Statistics Questions & Answers

  A diligent auditor studied records of 16 randomly chosen

guidelines for the jolly blue giant health insurance company say that the average hospitalization for a triple hernia

  Assess the use of qualitative data to support business

assess the use of qualitative data to support business decision making. consider different tyoes of qualitative data

  If they go back and revise their answers they start second

when taking an exam some students quickly answer all the questions they know how to do. if they go back and revise

  What is the value for x2left for a 95 confidence interval

what is the value for x2left for a 95 confidence interval when n 18?a. 7.564b. 8.672c. 9.390d.

  What is the expected value decision

Assume that you researched insurance industry statistics and found out that the probability of major accident is 0.06%, and that the probability of a fender bender is 0.15%. What is the expected value decision? Would you choose this? Why or why no..

  Find the student-s semester grade point average

Student received the following grades last semester. Find the student's semester grade point average. Course Credits Grade/Points Statistics 4 A / 4.0.

  Find the probability that the first time the pack is cut

Find the probability that, according to this model, a couple who continue to have children until they have a boy will have more than 5 children.

  Two students are selected at random find the probability

sampling and the binomial distribution.nbspfollowing is a gender frequency distribution for students in professor

  Find probability that each letter is in the correct envelope

He stuffs each letter into one of the preaddressed envelopes and seals them. What is the probability that each letter is in the correct envelope?

  Warranties is commonplace with most electronics purchases

The option to buy extended warranties is commonplace with most electronics purchases.But does the type of purchase affect a consumer's willingness to pay extra for an extendedwarranty? Data for 420 consumers who purchased big screen TVs and la..

  They randomly selected 56 home sales and the sample mean

a newspaper in a large midwestern city reported that the national association of realtors said that the mean home price

  Construct and interpret the corresponding 95 confidence

during one of the first beer wars in the early 1980s a taste test between schlitz and budweiser was the focus of a

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