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1. Tossing a Die Successive tossing of a die can be modeled as a stochastic process: X1, X2, : (2, P) → {1, 2, 3, 4, 5, 6}. ● .... We assume that the random variables (Xt) teN are identically and independently distributed (iid). Problems to be solved in your lab session: P.1: Explain in your own words why the assumption that all Xt are iid is justified in the case of tossing a die. P.2: Give a real-world example of a stochastic process, where it is not justified to claim that the random variables are iid.

1. Tossing a Die Successive tossing of a die can be modeled as a stochastic process: X1, X2, : (2, P) → {1, 2, 3, 4, 5, 6}. ● .... We assume that the random variables (Xt) teN are identically and independently distributed (iid). Problems to be solved in your lab session: P.1: Explain in your own words why the assumption that all Xt are iid is justified in the case of tossing a die. P.2: Give a real-world example of a stochastic process, where it is not justified to claim that the random variables are iid.

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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1. Tossing a Die Successive tossing of a die can be modeled as a stochastic process: X1, X2, : (S2, P) → {1, 2, 3, 4, 5, 6}. We assume that the random variables (Xt) teN are identically and independently distributed (iid). Problems to be solved in your lab session: www HIDH P.1: Explain in your own words why the assumption that all X+ are iid is justified in the case of tossing a die. P.2: Give a real-world example of a stochastic process, where it is not justified to claim that the random variables are iid.
Transcribed Image Text:1. Tossing a Die Successive tossing of a die can be modeled as a stochastic process: X1, X2, : (S2, P) → {1, 2, 3, 4, 5, 6}. We assume that the random variables (Xt) teN are identically and independently distributed (iid). Problems to be solved in your lab session: www HIDH P.1: Explain in your own words why the assumption that all X+ are iid is justified in the case of tossing a die. P.2: Give a real-world example of a stochastic process, where it is not justified to claim that the random variables are iid.
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