stat2303_tutorial08

Similarly we have therefore 1 1 1 1 hence the limiting

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Unformatted text preview: ve Therefore, 1 1 1 1 Hence, the limiting probabilities are 1 1 1 1 1 1,2, … , c) What fraction of time does the man get wet? 0. Hence he will get wet The man will get wet on his th journey if it rains and in 1 1 d) When r = 3, what value of p maximizes the fraction of time he gets wet? For 3, the above fraction becomes ln ln ln . ln 1 0 ln 4 4 ln 2√3 1.077 √ Therefore the fraction is maximized at 4 Page 2 of 5 2√3 0 STAT2303/2803 Probability Modelling/Stochastic Models Semester 1, 2010­11 where the states are 2. Trials are performed in sequen...
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This note was uploaded on 03/15/2014 for the course STAT 2303 taught by Professor Steven during the Fall '11 term at HKU.

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