Say that we are in year 2025. Storms happen every year with probability p = 5%....
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Say that we are in year 2025. Storms happen every year with probability p = 5%. Let RV T indicate the year of the next storm, after 2025. a) What are the mean and the std. of T? b) Consider the event A = {a storm occurs in 2026, and no storm occurs in 2027 and in 2028}. What is P[A]? c) Assume event A, defined in previous step, occurs. Let RV S indicate the year of the next storm, after 2028. What are the mean and the std of S? Say that we are in year 2025. Storms happen every year with probability p = 5%. Let RV T indicate the year of the next storm, after 2025. a) What are the mean and the std. of T? b) Consider the event A = {a storm occurs in 2026, and no storm occurs in 2027 and in 2028}. What is P[A]? c) Assume event A, defined in previous step, occurs. Let RV S indicate the year of the next storm, after 2028. What are the mean and the std of S?
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26 27 2015 Probability of happening probability a storm o05 a storm of no t ... View the full answer
Related Book For
Macroeconomics Principles and Applications
ISBN: 978-1133265238
5th edition
Authors: Robert e. hall, marc Lieberman
Posted Date:
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