This continuous-time process with state space N starts in state 0 and repeats in the following way. It remains in the same state for some random waiting time at which point the state number increases by some random increment. The waiting times are independent and all follow the same fixed probability distribution taking values in Ro. The increments are independent (and also independent of the waiting times) and all follow another fixed probability distribution taking values in {1,2,3,...}.
This continuous-time process with state space N starts in state 0 and repeats in the following way. It remains in the same state for some random waiting time at which point the state number increases by some random increment. The waiting times are independent and all follow the same fixed probability distribution taking values in Ro. The increments are independent (and also independent of the waiting times) and all follow another fixed probability distribution taking values in {1,2,3,...}.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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You want to model customers arriving in a shop using this process instead of a Poisson Process. Using a random variable to determine the increments allows us to include a feature which the Poisson Process cannot. Write down this feature in non-mathematical language.
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