A machine which produces some product may either be "in adjustment" or"out of adjustment" state. If the machine is in adjustment, the probability that itwill be in adjustment a day later is .8 and the probability that it will be out ofadjustment a day later is .2. If the machine is out of adjustment, the probabilitythat it will be in adjustment a day later is .7 and the probability that it will be outof adjustment a day later is .3.From the above data find the probabilities of the machine being in one stateon a future day given that it started off in another state on the first day.

Answered: Image /qna-images/answer/5b30c419-9f74-4424-ac89-6f1e8a5ebda5.jpg

Answered: A machine which produces some product…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

1. ABC inc. stock is currently selling for $30, one year from today the stock price can either increase by 20% or decrease by 15%. The probability of an increase in the stock price is equal to 0.3. The one-year risk-free rate is 5% What is the value of a European put that expires in one year with an exercise price of $24. 2. Graphically, show the value and the profit and loss of the following butterfly position: Long in a call with an exercise price of $30, short in 2 calls with an exercise price of $45, and long in a call with an exercise price of 60. All calls are written on the same stock and have the same maturity. 3. "Early exercise of an American option on a stock that does not pay any dividend is not optimal regardless of whether the option is a Call or a Put". True, False, or Uncertain. Explain.
today's and yesterday's prices. Price changes were examined for 109 days. A financial theory states that the price change of today for a stock must be independent of yesterday's price change. Test the hypothesis that daily stock price changes for this stock are independent. Let a = 0.10. Change Today Day Up No Change Down Up No Change 8 10 15 9. Down 14 16 Determine the null and alternative hypotheses for the test. Choose the correct answer below. O A. Ho: Today's price change and yesterday's price change have equal proportions. HA Today's price change and yesterday's price change have non-equal proportions. O B. Ho: Today's price change and yesterday's price change are independent. HA: Today's price change and yesterday's price change are not independent. O C. Ho: Today's price change and yesterday's price change have non-equal proportions. HA Today's price change and yesterday's price change have equal proportions. O D. Ho: Today's price change and yesterday's price change are not…
Part 1 only solve asap please
Please do question 1f and 1g handwritten
Solve question 3 all parts and show steps for the required parts. Please and thank you.
1. Suppose you are a technician, whose repair time on a given job is said to follow an exponential distribution with expected time θ = 3 hours. You have 5 independent jobs lined up (you complete them sequentially, one by one). a. What is the probability of taking exactly 2 hours to finish a given job? b. What is the probability it will take more than 2 hours on a given job? c. You are on a given job and you already have been working for 1 hour. What is the probability it will at least an additional 2 hours to complete this job?
Q. 1 It is estimated that 80% of emails are spam emails. Some software has been applied to filter these spam emails before they reach our inbox. A certain brand of software claims that it can detect 99% of spam emails, and the probability for a false positive (a non-spam email detected as spam) is 5%. Now if an email is detected as spam, then what is the probability that it is in fact a non-spam email? event A: email is spam; event B: email is detected as spam. Assume that
4. As fallen trees lie on the forest floor they slowly decay. Will the amount of light present have an impact on the rate of decay? In the following table x is a random variable representing the remaining percentage of total mass of a log after it was exposed to the elements for three weeks while y represents the numbers of hours of direct sunlight the log received each day. X 0.60 .70 .65 .82 .87 y 1.0 2.3 3.0 4.0 4.5 (a) Plot a scatter diagram of the data. Remember to label your axes appropriately and choose a consistent scale. (b) Based on a scatter diagram, would you estimate the correlation coefficient to be positive, close to zero, or negative? Please circle one of the following choices: A. Positive B. Close to zero C. Negative (c) Interpret your results from parts (a) and (b). 16 tv
Suppose the weather moves between three states 1,2,3. It stays in state 1 for an exponentially distributed number of days with mean 3, then goes to state 2. It stays in state 2 for an exponentially distributed number of days with mean 4, then goes to state 3. It stays in state 3 for an exponentially distributed number of days with mean 1, then goes to state 1. Compute the long-term probability that the weather is in state 1. Write your answer as a decimal.
Part 3 only please solve asap

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS