This homework deals with a birth and death process with a birth rate λ.-lit 1 and m = a 1. A plot of λί and μί are shown below. Give a one-sentence description of how the birth rate is a function...
This homework deals with a birth and death process with a birth rate λ.-lit 1 and m = a 1. A plot of λί and μί are shown below. Give a one-sentence description of how the birth rate is a function of the state of the process, i. Do another one sentence description of the death rate. Then, explain how the birth and death rates will interact. That is, for what states should the process tend to grow, and grow fastest? For what states should the process tend to decay, and when will it decay most rapidly? O lambda i o mui 20 10 30 40 50 60
This homework deals with a birth and death process with a birth rate λ.-lit 1 and m = a 1. A plot of λί and μί are shown below. Give a one-sentence description of how the birth rate is a function of the state of the process, i. Do another one sentence description of the death rate. Then, explain how the birth and death rates will interact. That is, for what states should the process tend to grow, and grow fastest? For what states should the process tend to decay, and when will it decay most rapidly? O lambda i o mui 20 10 30 40 50 60