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Unformatted text preview: X . Problem 4: (Problem 66, p. 358) Policyholders of a certain insurance company have accidents at times distributed ac-cording to a Poisson process with rate . The amount of time from when the accident occurs until the claim is made has distribution G . Find the probability that there are exactly n incured but as yet unreported claims at time t . Problem 5: (Problem 60, p. 356) Customers arrive at a bank at Poisson rate . Suppose 2 customers arrived during the rst hour. What is the probability that (a) both arrived during the rst 20 minutes? (b) at least one arrived during the rst 20 minutes?...
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This note was uploaded on 04/15/2010 for the course STAT 416 taught by Professor Denker during the Spring '08 term at Pennsylvania State University, University Park.
- Spring '08
- Stochastic Modeling