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If an individual has never had a previous automobile accident, then the probability he or she has

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If an individual has never had a previous automobile accident, then the probability he or she has an accident in the next h time units is βh + o(h); on the other hand, if he or she has ever had a previous accident, then the probability is αh + o(h).

Find the expected number of accidents an individual has by time t.

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Muhammad Umair
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Introduction To Probability Models

Introduction To Probability Models

ISBN: 9780124079489

11th Edition

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