A sales executive hears that one of his salespeople is routing half of his incoming sales to a competitor. In particular, arriving sales are known to be Poisson at rate one per hour. According to the...




A sales executive hears that one of his salespeople is routing half of his incoming sales to a competitor. In particular, arriving sales are known to be Poisson at rate one per hour. According to the report (which we view as hypothesis H=1), each second arrival is routed to the competition; thus under hypothesis 1 the interarrival density for successful sales is f(y|H=1) = yey; y 0. The alternate hypothesis (H=0) is that the rumor is false and the interarrival density for successful sales is f(y|H=0) = ey; y 0. Assume that, a priori, the hypotheses are equally likely. The executive, a recent student of stochastic processes, explores various alternatives for choosing between the hypotheses; he can only observe the times of successful sales however.



May 08, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
April
January
February
March
April
May
June
July
August
September
October
November
December
2025
2025
2026
2027
SunMonTueWedThuFriSat
30
31
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
1
2
3
00:00
00:30
01:00
01:30
02:00
02:30
03:00
03:30
04:00
04:30
05:00
05:30
06:00
06:30
07:00
07:30
08:00
08:30
09:00
09:30
10:00
10:30
11:00
11:30
12:00
12:30
13:00
13:30
14:00
14:30
15:00
15:30
16:00
16:30
17:00
17:30
18:00
18:30
19:00
19:30
20:00
20:30
21:00
21:30
22:00
22:30
23:00
23:30