A flow of claims arriving at an insurance company is represented by a homogeneous Poisson process...
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A flow of claims arriving at an insurance company is represented by a homogeneous Poisson process N t in continuous time. (For now, we just count the number of claims arrived.) The mean E (N1) = A. (The subindex 1 in N 1 is a time!) Let the unit of time be an hour. Answer Suppose it is 10:30 a.m. now, and the last claim had arrived at 10 a.m.. What is the probability that the inter-arrival time between the last and the next claim will be not smaller than an hour? (In other words, after 10:30 a.m. you will wait at least half an hour.) Group of answer choices (1)12e-> (2)e-12A (3) A flow of claims arriving at an insurance company is represented by a homogeneous Poisson process N t in continuous time. (For now, we just count the number of claims arrived.) The mean E (N1) = A. (The subindex 1 in N 1 is a time!) Let the unit of time be an hour. Answer Suppose it is 10:30 a.m. now, and the last claim had arrived at 10 a.m.. What is the probability that the inter-arrival time between the last and the next claim will be not smaller than an hour? (In other words, after 10:30 a.m. you will wait at least half an hour.) Group of answer choices (1)12e-> (2)e-12A (3)
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Related Book For
Managing Operations Across the Supply Chain
ISBN: 978-0078024030
2nd edition
Authors: Morgan Swink, Steven Melnyk, Bixby Cooper, Janet Hartley
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