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Unformatted text preview: Questions 1) Setup this problem as a Markov Chain. Argue why all underlined assumptions are valid. 2) What is the proportion of time during which both machines are down? both up? 3) What are the average sales per month. 4) Suppose, at a given time both machines are working. What is the expected time before both are broken? 5) Suppose that both machine are down. What is the probability that both are up before one gets broken again? 6) Suppose now that one machine has probability .1 of failing, the other .2. Answer questions 1) to 3) as above. 7) Going back to the original assumptions, assume now that the emergency repair person doesnt come on the same day, but the next day (so that the machine is down for 2 days). Answer questions 1)3)....
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This note was uploaded on 01/10/2011 for the course STAT 160A taught by Professor Bonnet during the Winter '10 term at UCSB.
 Winter '10
 bonnet

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