Answer:
Step-by-step explanation:
Given that:
X(t) = be the number of customers that have arrived up to time t.
... = the successive arrival times of the customers.
(a)
Then; we can Determine the conditional mean E[W1|X(t)=2] as follows;




Now 
(b) We can Determine the conditional mean E[W3|X(t)=5] as follows;

Now; 
(c) Determine the conditional probability density function for W2, given that X(t)=5.
So ; the conditional probability density function of
given that X(t)=5 is:

Answer:
Part 1. 0.9259 % per year
Part 2. P = 281.4e^(0.009 259t); 338.6 million
Step-by-step explanation:
Data:
P₀ = 281.4 million
P = 308.7 million
Part 1. Growth rate
t = 2010 - 2000 = 10 yr
P = P₀e^(rt)
308.7 = 281.4e^(10r)
e^(10r) = 1.0970
10r = ln1.0970
r = (ln1.0970)/10 = (0.092 59)/10 = 0.009 259
r = 0.9259 % per year
The 10-year continuous growth rate is 0.9259 % per year.
Part 2. Population model
The population model is
P = 281.4e^(0.009 259t)
where P is in millions and t is the number of years since 2000.
By 2020,
P = 281.4e^(0.009 259 × 20) = 281.4e^0.1852 = 281.4 × 1.203
P = 338.6 million
The estimated population in 2020 is 338.6 million.
Answer:
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Step-by-step explanation:
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Answer:
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