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Renewal processes

Renewal processes. Interarrival times. { 0,T 1 ,T 2 ,..} is an i.i.d. sequence with a common distribution fct. F S i = ? j=1 i T j { S i } is a nondecreasing, positive sequence of reneval times (point) The distribution of S i is F (i) F (i ) = f (i ) * F = F * f (i )

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Our lesson

Our lesson. Experimental Probability. Warm Up. Find the value of each expression P(6,3) P(9,8) 9 ! 9 . 8 . 7 . 6 P(5,2). Let Us Review. The symbol n P r is used to indicate the number of permutations n objects taken r at a time.

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Renewal processes

Our lesson