Question
In: Statistics and Probability
Amid COVID-19, there are fewer cars running in the street. Suppose after 10am the cars pass...
Amid COVID-19, there are fewer cars running in the street. Suppose after 10am the cars pass through the traffic light in front of the gate of QC according to a Poisson process with rate 2 per minute. Let Y denote the waiting time for the arrival of the fourth car. (a) (8pts) Find the probability that the fourth arrival is between 10:01am and 10:03am. That is P(1 < Y < 3). (b) (6pts) Let W be a random variable independent of Y . Suppose W has gamma distribution with parameters α = 3, θ = 1 2 . Find the correlation between Y and W − Y .
Solutions
orchestra answered 1 year agoRelated Solutions
Amid COVID-19, there are fewer cars running in the street. Suppose after 10am the cars pass...
Amid COVID-19, there are fewer cars running in the street.
Suppose after 10am the cars pass through the traffic light in front
of the gate of QC according to a Poisson process with rate 2 per
minute. Let Y denote the waiting time for the arrival of the fourth
car. (a) (8pts) Find the probability that the fourth arrival is
between 10:01am and 10:03am. That is P(1 < Y < 3). (b) (6pts)
Let W be a random variable independent...
This question is based on the following commentary: “Amid the challenges brought about by the COVID-19...
This question is based on the following commentary:
“Amid the challenges brought about by the COVID-19 pandemic and
the stringent measures taken to contain it, inflation concerns are
surfacing. This is understandable, given potential disruptions to
the supply of a range of goods and given the trillions of
government dollars being employed to stabilize global economies.
For now, though, the greater likelihood is disinflation—a slowing
in the rate of inflation. The data underlying a 0.4% decline in
April in the...
This question is based on the following commentary: “Amid the challenges brought about by the COVID-19...
This question is based on the following commentary:
“Amid the challenges brought about by the COVID-19 pandemic and
the stringent measures taken to contain it, inflation concerns are
surfacing. This is understandable, given potential disruptions to
the supply of a range of goods and given the trillions of
government dollars being employed to stabilize global
economies.
For now, though, the greater likelihood is disinflation—a
slowing in the rate of inflation. The data underlying a 0.4%
decline in April in the...
What are the effects of COVID-19 on China's Economy before and after COVID-19 illustrate how COVID-19...
What are the effects of COVID-19 on China's Economy
before and after COVID-19 illustrate how COVID-19 affects
China's economy. In addition to the whole country, you also need
discuss the differences of the effects between different areas of
China
At least 1700 English words are required
What are the effects of COVID-19 on China's Economy before and after COVID-19 illustrate how COVID-19...
What are the effects of COVID-19 on China's Economy
before and after COVID-19 illustrate how COVID-19 affects
China's economy. In addition to the whole country, you also need
discuss the differences of the effects between different areas of
China
At least 1700 English words are required
4. a) Amid the unprecedented crisis of Covid-19, Government has announced a number of stimulus packages...
4. a) Amid the unprecedented crisis of Covid-19, Government has
announced a number of stimulus packages totaling over Tk.1 lakh
crore to stand by the poor and helpless people. How would you
evaluate its impact on the economy? Explain with the help of
aggregate demand and aggregate supply model.
b) What is inflation? People commonly feel inflation is bad. Do you
feel the same? Clarify your stand with necessary arguments.
Based on taxation in Accounting Amid the COVID-19 fears, Standing Desks, monitors sell for work from...
Based on taxation in Accounting
Amid the COVID-19 fears, Standing Desks, monitors sell for work
from home in Australia
It is not a surprise now that almost every shop is running out
of standing desks, swivel chairs, office desks, and monitors, as
thousands of employees start work from home. Most companies have
advised their employees to start work from home and to set up their
due office at home. The market is running out of office gears.
Just last week,...
How to get cure from covid 19,, at home after being positive in covid 19.
How to get cure from covid 19,, at home after being
positive in covid 19.
US economy before and after covid 19
US economy before and after covid 19
Your organization has started experiencing low sales amid the Covid-19 pandemic. The management has decided to...
Your organization has started experiencing low sales amid the
Covid-19 pandemic. The management has decided to carry out an
Action Research to beef up the sales and enhance the overall
performance of the organization. As a Research Officer of the
organization, outline and briefly discuss most suitable elements of
an Action Research proposal for management
consideration.
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