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Based on the following graphs (next page) you should write a discussion report (2 pages) on:
1. Determination of whether the open-loop system response is consistent with a 1st order system, by analysis of the time response and the system diagram.
2. Determination of the time constant and gain best describing system behaviour if treated as a 1st order system.
3. Discussing the closed loop response:
Graphs:
2.1 Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the
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This question explores the effect of estimation error on apparent arbitrage opportunities in a controlled simulation setting. We simulate returns for N = 10 assets over T = 30 year
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