Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

During the rainy season, we estimate that showers, which significantly increase the flow of a certain river, occur according to a Poisson process with rate λ = 4 per day. Every shower, independently from the others, increases the river flow during days, where T is a random variable having a uniform distribution on the interval [3,9].

(a) Calculate the mean and the variance of the number of showers that significantly increase the flow of the river

(i) six days after the beginning of the rainy season,

(ii) to days after the beginning of the rainy season, where to ≥ 9.

(b) Suppose that every (significant) shower increases the river flow by a quantity (in m3/s) having an exponential distribution with parameter 1/10, independently from the other showers and from the number of significant showers. Suppose also that there is a risk of flooding when the increase in the river flow reaches the critical threshold of 310 m3/s. Calculate approximately the probability of flooding 10 days after the beginning of the rainy season.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91887215

Have any Question?


Related Questions in Statistics and Probability

Explain how the company newmans own brand fulfills the

Explain how the company Newman's Own brand fulfills the definition of a business for profit and a non-profit business at the same time. Consider in the response the functions of business, entrepreneurship and production ...

Can a business have too much money in cash meaning cash on

Can a business have too much money in Cash, meaning cash on hand as well as in checking and savings accounts? What if a business had 100 million dollars in these cash accounts but only needed half of that for what Keynes ...

You have 100 coins and 99 of them are fair equal

You have 100 coins, and 99 of them are fair (equal probability of heads or tails). One of them is weighted and has a 90% probability of landing on heads. You randomly choose one of the 100 coins. Find the probability tha ...

An urn contains 5 red and 10 blue balls balls are drawn

An urn contains 5 red and 10 blue balls. Balls are drawn sequentially from urn without replacement. Let X be the number of draws necessary in order to obtain exactly 4 red balls. Find probability mass function of X

You play the following game against your friend you have 2

You play the following game against your friend. You have 2 urns and 4 balls. One of the balls is black and the other 3 are white. You can place the balls in the urns any way that you'd like, including leaving an urn emp ...

Assume that 15 questions are answered by guessing1 what is

Assume that 15 questions are answered by guessing. 1) What is the probability of exactly 14 correct answers?

Determine the type of distribution for the following

Determine the type of distribution for the following situation: Draw marbles from a bag which contains 5 red marbles, 6 blue marbles and 4 green marbles with replacement until you get a blue marble. a)  Binomial b)  Pois ...

Assume that you deposit 1293 each year for the next 15

Assume that you deposit $ 1,293 each year for the next 15 years into an account that pays 10 percent per annum. The first deposit will occur one year from today (that is, at t = 1) and the last deposit will occur 15 year ...

Large purple dress inc has some bond outstanding with a 625

Large purple dress INC. HAS SOME BOND OUTSTANDING WITH A 6.25% COUPON AND FOUR YEARS REMAINING UNTIL maturity. Since these bond were issued, interest rates has increased, these bonds are now trading at a 7.375% YTM. Reme ...

Heights of women follow a normal distribution with

Heights of women follow a normal distribution with mean μ=63.6 inches and standard deviation of σ=2.5 inches.  Suppose random samples of 10 women are chosen and their mean height calculated. Please calculate the mean and ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As