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In: Statistics and Probability

People arrive at a party according to a Poisson process of rate 30 per hour and...

  1. People arrive at a party according to a Poisson process of rate 30 per hour and remain for an independent exponential time of mean 2 hours. Let X(t) be the number of people at the party at time t (in hours) after it started. Compute E[X(t)] and determine how long it takes to have on average more than 40 people at the party.

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