Consider the following situation For each day in a 30 day mo

Consider the following situation. For each day in a 30 day month, you have a probability p of having a good day and a probability 1- p of having a bad day. Assume each day is independent. Find a formula for 1- Pn, where Pn is the probability that you have 3 bad days in a row. This formula will be a recurrence: Follow the previous exercise. If p = .5, use your favorite software to compute P30- Do the same for p= .6.

Solution

 Consider the following situation. For each day in a 30 day month, you have a probability p of having a good day and a probability 1- p of having a bad day. Ass

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site