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Dhamnekar Win,odd

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    Mumbai [Bombay] and Mumbai suburb, Maharashtra State, India
  • Interests
    Using mathematical and statistical techniques, quantitative finance, technical analysis of stocks to make profits in professional stock trading and investments
  • College Major/Degree
    Commerce Graduate + Incomplete Chartered Accountancy Course
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    Chemistry, Mathematics, Physics, Statistics , Quantitative finance
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    Chemistry,Physics maths,stats, quantitative finance hobbyist
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    Stock exchange trader and Investor, Chemistry Hobbyist

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  1. Question: Two customers move about among three servers. Upon completion of service at a server, the customer leaves that server and enters service at whichever of the other two servers is free. If the service times at server i are exponential with rate [latex]\mu_i, i= 1,2,3 [/latex], What proportion of time is server i idle? My solution: To determine the proportion of time each server is idle in this system, we can use the concept of Markov chains and queueing theory. Here’s a step-by-step outline of the approach: Define the States: Let [latex]( S_i ) [/latex]represent the state where server ( i ) is idle. Since there are three servers, we have states [latex]( S_1, S_2, )[/latex] and [latex]( S_3 ).[/latex] Transition Rates: The service times are exponential with rates [latex]( \mu_1, \mu_2, ) and ( \mu_3 ).[/latex] When a customer finishes service at server ( i ), they move to one of the other two servers. The transition rate from server ( i ) to server ( j ) is [latex]( \mu_i ).[/latex] Balance Equations: For each server ( i ), the proportion of time it is idle, denoted by ( Pi), can be found by solving the balance equations. The balance equations for the idle times are:[latex] [ P_1 (\mu_2 + \mu_3) = \mu_2 P_2 + \mu_3 P_3 ] [ P_2 (\mu_1 + \mu_3) = \mu_1 P_1 + \mu_3 P_3 ] [ P_3 (\mu_1 + \mu_2) = \mu_1 P_1 + \mu_2 P_2 ][/latex] Normalization Condition: The sum of the proportions must equal 1: [latex][ P_1 + P_2 + P_3 = 1 ][/latex] Solve the System of Equations: Solve the above system of linear equations to find [latex]( P_1, P_2, ) and ( P_3 ).[/latex] Let’s solve these equations step-by-step: From the balance equations:[latex] [ P_1 (\mu_2 + \mu_3) = \mu_2 P_2 + \mu_3 P_3 ] [ P_2 (\mu_1 + \mu_3) = \mu_1 P_1 + \mu_3 P_3 ] [ P_3 (\mu_1 + \mu_2) = \mu_1 P_1 + \mu_2 P_2 ][/latex] Using the normalization condition: [ P1 + P2 + P3 = 1 ] By solving these equations, you can find the exact proportions ( P1, P2, ) and ( P3 ).
  2. I want to ask the following types of OPERATIONS RESEARCH questions. Where can I ask them? 1) Linear Programming( formulation of graphic method) 2)Linear programming (Simplex method) 3)Linear Programming( the dual Problem and post-optimality analysis) 4) Transportation problems 5) Assignment problems 6)The sequencing problems 7) Replacement decisions 8)Queuing theory 9) Decision theory and decision analysis 10)Theory of games 11) Statistical quality control 12)Inventory management 13)Investment analysis 14)Simulation 15)Work study and value analysis 16)Goal, Integer and Dynamic programming 17)Project management PERT and CPM 18)Markov analysis
  3. Success rate is 75% because 12P((B−A)>0|A>0)+12P((B−A)≤0|A<0)=0.75 in the long term. If A is +ve, I shall tell B is lower than A and if A is -ve, I shall tell B is larger than A.🤔🤔🤔🤔 ☺️☺️☺️☺️☺️☺️☺️
  4. I followed this author's equation using mathematical reasoning and logical sense.☺️ But I don't know to derive its proof.🤔. By the way, another author, using properties of uniform distribution and geometry of the circle answered this question as below: Uniformly independently distribute \(n+2\) points on a circle of circumference \(1\). Uniformly randomly pick one of the points as point \(0\). By symmetry, the expected length of the interval between its neighbours is \(\frac2{n+2}\). The distance to its nearest neighbour is uniformly distributed between \(0\) and half of that, so the expected distance to the nearest neighbour is \(\frac1{2(n+2)}\), and accordingly the expected distance to the other neighbour is \(\frac3{2(n+2)}\). Now uniformly randomly pick another one of the \(n+2\)points at which to cut the circle into an interval (leaving n other points). With probability \(\frac1{n+1}\), the nearest neighbour of point \(0\) is picked, and its other neighbour becomes its nearest neighbour. Thus, the expected distance to the nearest neighbour on the interval is $$\frac1{n+1}\cdot\frac3{2(n+2)}+\frac n{n+1}\cdot\frac1{2(n+2)}=\frac{n+3}{2(n+1)(n+2)}\;.$$ Now to answer your question: \(X_0\) is uniformly distributed on [0,1], so the expected value of the expression is the integral over that interval. (The \(\mathrm dx\) in that integral is misplaced.) The next equality uses [math]\mathsf E=\int_0^\infty\mathsf P(U\ge u)\mathrm du;,[/math] for the non-negative random variable [math]U=\min_{1\le i\le n}|x-X_i|\;,[/math] with [math]\mathsf P(U\ge u)=P(|X_0-x|\ge u)^n\;,[/math] since the minimum is \(\ge u\) exactly if all n distances are \(\ge u\), all with the same probability \(P(|X_0-x|\ge u)\). (The index \(0\) here is slightly confusing, since x is the dummy variable for \(X_0\); I would have written \(X_1\), but it doesn’t matter since the \(n+1\) variables are i.i.d.) The next equality adds up the lenghts of the two regions where the inequality is satisfied; the \(\max(\cdot,0)\) construction ensures that nothing is added if one of these regions doesn’t exist and the corresponding difference is negative. The next equality makes the three cases that can occur for \(x\in[0,\frac12]\) explicit, in which zero, one or two of the maximum functions vanish, respectively. The next equality splits the inner integral into the first two cases (as the integrand is zero in the third) and uses symmetry to replace the outer integral over ][0,1] by twice the integral over \([0,\frac12]\). The rest is just standard integration. I don't understand this answer. Would any member of this forum explain this answer?
  5. I don't understand the author's solution given to the following question. Would any member of this forum take some efforts to explain this solution?
  6. Author has given the success rate in his solution. Please read it.☺️
  7. Suppose we play the game where I draw a N(0, 1) random number A, show it to you, then draw another independent N(0, 1) one B, but before showing it to you ask you to guess whether B will be larger than A or not. If you are right, you win if you are wrong you lose. What is your strategy, and what will be your long term success rate if we keep playing? Author's Solution: Since the numbers are zero-mean, the strategy is to guess the sign of the difference B − A as positive if A < 0, and negative otherwise. The long-term success rate will be \(\frac12 P(B-A) > 0| A < 0) + \frac12 P(B-A) \leq 0 | A \geq 0)\) Due to the symmetry, and the fact that P(A=0)=0 , the above expression simplifies to P(B-A) > 0 |A < 0). Plotting on the (a, b) Cartesian plane the part of the region a < 0 where b − a > 0, we see that this is one and a half quadrants out of the two comprising the full a < 0 region. Therefore, due to the radial symmetry of the Gaussian two-dimensional distribution with zero correlation, we conclude that the success rate is \(\frac34\). My answer: The game you’re describing involves guessing whether a second independent draw from a standard normal distribution (N(0,1)) will be larger than the first. Given that both A and B are drawn from the same distribution, there is no information about B that can be inferred from A. Therefore, the best strategy is to always guess that B will be larger than A, or always guess that B will be smaller than A. Both strategies have the same success rate. The long-term success rate of this strategy is 50%. This is because, for two independent draws from the same distribution, the probability that the second draw is larger than the first is the same as the probability that the first draw is larger than the second. In mathematical terms, if A and B are independent and identically distributed (i.i.d.) random variables, then: P(B > A) = P(A < B) = 0.5 So, no matter how many times we play this game, your long-term success rate will converge to 50%. Whose answer is correct? If Author's solution is correct, would you show me graphically how can the part of the region a < 0 where b-a > 0 is one and half quadrants out of the two quadrants comprising the full a < 0 region?
  8. KJW, I solved my query myself. ☺️
  9. How did you get I got \( 1 +\alpha = \displaystyle\frac{3\cdot |{\phi}| +\phi^2 -4}{2\phi^2 -2}\) How is that? Where I am wrong?
  10. @KJW, How did you arrive at this equation pointed out by arrow? Would you show me its computations? What is mathematical reasoning (mathematical logic ) behind this computations?
  11. KJW, How did you derive the distance from the center of circle lying in the second outermost circle to the center of the larger circle is \(\alpha(R-r) ?\) Can you give me a real world example? Suppose R=10, r=2 and \(\alpha (R -r) = 1\) So, using simple mathematical reasoning, the distance from the center of the circle lying in the second outermost layer to the center of the larger circle is 4 + 1 = 5. But using your formula \(\alpha (R-r)= \displaystyle\frac12(10- 2)= 4\). How is that? Where I am wrong?
  12. KJW, Would you show me this triangle graphically? 🤔☺️
  13. Author's answer to first case is \(\displaystyle\frac{\pi}{4}\) Do you disagree with that? Author assumed R be the radius of big circle, \(r_n\) be the radius in the outer layer of the big circle and \(\hat{r}_n\) be the radius of next inner layer circle of the big circle and \(R_n\) be the radius of the concentric circles inside the big circle. Following are the concentric circles. Do you agree with this author's assumption? Author computed the first case answer considering all these assumption. I think the following question with answer will be considered for more reference. Win_odd Dhamnekar (https://math.stackexchange.com/users/153118/win-odd-dhamnekar), Inscribed circles inside an equilateral triangle, URL (version: 2023-07-14): https://math.stackexchange.com/q/4735973
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