The Poisson process is a continuous-time stochastic process , counting the number of events that have occurred

Question:

The Poisson process is a continuous-time stochastic process image text in transcribed, counting the number of events that have occurred in the time interval image text in transcribed.A sample path is illustrated in Fig. 11.2, and it is important to understand the underlying dynamics:


- The process starts at the initial stateimage text in transcribed.

-After a random timeimage text in transcribed, the first event occurs, and the state of the system jumps to image text in transcribed=1

image text in transcribed

image text in transcribed

Data From Figure 11.2

image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: