Suppose in an El-Nino year, number of floods per flood season is lambda (with lambda = 20). In a regular year the number of floods per season is lambda3 (with lambda3 = 5). NOAA estimates the next year will be an El-Nino year with 60% chance, otherwise it will be a regular year (40% chance). A flood season last 2 months. Given that 15 floods have been observed in the first month of the flood season, what is the probability that no floods will be observed in the 2nd month?
Is modeled like this: P(N(1)-N(1/2) = 0 | N(1/2) = 15). How do I solve this probability?
NOTE* This is not asking given that there were 15 floods in the first month of the season, what is the probability that we are in an El-Nino year?
Suppose in an El-Nino year, number of floods per flood season is lambda (with lambda =...
please to find the question in the image. thank you A system (e.g. a dam or a dike) is said to be designed for the N-year flood if it has a capacity which will be exceeded by a flood equal or greater that the N-year flood. The magnitude of the N-year flood. The magnitude of the N-year flood is that which is exceeded with probability 1/N in any given year. Assume that successive annual floods are independent. a)- What is...
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4. The number of claims per week at an Suppose that Y has probability mass function insurance company is a random variable Y Pr(v),0,1,2. py(y) 0, otherwise. The moment generating function (mgf) of Y is given by my(t)-c(1-e2)- for values of t<2. You do not need to prove this. (a) Show that c1-2 (b) What is the probability that there are at least 2 claims in a given week? (c) Find E(Y)
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