What is an estimate for the average value of t

Assignment Help Basic Statistics

Reference no: EM13970247

Suppose we are observing a process such that the time between occurrences is exponentially distributed with λ = 1/30 (i.e., the average time between occurrences is 30 minutes). Suppose that the process starts at a certain time and we start observing the process 3 hours later. Write a program to simulate this process. Let T denote the length of time that we have to wait, after we start our observation, for an occurrence. Have your program keep track of T . What is an estimate for the average value of T ?

Reference no: EM13970247

Questions Cloud

Analyze trend analysis for their potential impact on busines : Analyze the trend analysis for their potential impact on the business. Use mean and correlation to quantify comparative sets of data. Perform qualitative analysis on the mean and correlation as basis of reviewing business performance

Write a program to simulate the queue size : Write a program to simulate the queue size. Use this simulation to help formulate a conjecture containing conditions on µ and λ that will ensure that the queue will have times when it is empty.

Web designers have moved away from doing the coding in html5 : Could you elaborate what exactly you meant about web designers moving away from doing the coding in HTML5?

Making a presentation to the board of directors : The second and final part of the case study is due at the end of Unit 4. Part 2 of the case study is a PowerPoint presentation with voiceover recording. The Voiceover will be the narrative you would be presenting as if this were a live presentation. ..

What is an estimate for the average value of t : Let T denote the length of time that we have to wait, after we start our observation, for an occurrence. Have your program keep track of T. What is an estimate for the average value of T ?

Write a program to simulate the random variables : Write a program to simulate the random variables whose densities are given by the following, making a suitable bar graph of each and comparing the exact density with the bar graph.

Write a research paper about hazardous material : Write a research paper about hazardous material. Hazardous Material release in the last 25 years anywhere in the world and its impact to the environment, human health and measures taken.

How can the virtual organization site be improved : Recommendations for improving the Virtual Organization site based on the evaluations (consider the similar sites and the current Virtual Organization site - how can the Virtual Organization site be improved?).

What is the probability that it will still run after 4 years : Suppose that the number of years a car will run is exponentially distributed with parameter µ = 1/4. If Prosser buys a used car today, what is the probability that it will still run after 4 years?

User Account

All Pages