Find the long-run probability

Assignment Help Basic Statistics

Reference no: EM131812099

Question: Every Sunday, Bob calls Liz to see if she will play tennis with him on that day. If Liz has not played tennis with Bob since i Sundays ago, the probability that she will say yes to him is i/k, k ≥ 2, i = 1, 2, ... , k. Therefore, if, for example, Liz does not play tennis with Bob for k - 1 consecutive Sundays, then she will play with him the next Sunday with probability 1. On the nth Sunday, after Bob calls Liz, the number of times Liz has said no to Bob since they last played tennis is denoted by Xn. For 0 ≤ i ≤ k - 1, find the long-run probability that Liz says no to Bob for i consecutive Sundays. (Note that the answer is not 1/k.)

Reference no: EM131812099

Questions Cloud

Find the period of each state of the markov chain : Recall that an M/M/1 queueing system is a GI/G/c system in which customers arrive according to a Poisson process with rate ?, and service times are exponential.

How is discourse spread through social media : How is discourse spread through social media? What do the audience, purpose, and tone have to do with discourse?

Determine the present value of the cash flows : Use the total-cost approach to determine the present value of the cash flows associated with each alternative. (Any cash outflows should be indicated by a minus

Find what would be the unit transfer price : If Division Y transfers 6,000 units this period at absorption cost plus 10% markup, what would be the unit transfer price

Find the long-run probability : Every Sunday, Bob calls Liz to see if she will play tennis with him on that day. If Liz has not played tennis with Bob since i Sundays ago.

Materials conversion costs equivalent units cost : Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2017 totaled $ 2,300,500 as follows.

Probability that the game goes forever with nobody winning : Two gamblers play the game of "heads or tails," in which each time a fair coin lands heads up player A wins $1 from B, and each time it lands tails up.

Calculate the century division contribution margin : Fixed manufacturing expenses $65,000, Sales 375,000. Calculate the Century Division's contribution margin

Perpetual inventory system with a subsidiary ledger : The RJM Company uses the perpetual inventory system with a subsidiary ledger for inventory. Enter the following information in the inventory balance for product

User Account

All Pages