B
buddingactuary
Member
Hi
I am having difficulty understanding the notation here. The question mentions that P ON (t) means probability of customer being online and P OFF (t) to mean pr of customer being offline. In that case, what does P' OFF (t) mean? what are the states under consideration for this differential equation in part (ii) of the question?
it looks like P'OFF (t) considers -
P' OFF OFF (t) = P OFF,OFF (t)* pr of OFF to OFF state in short time dt + P OFF, ON (t) * pr of ON to OFF state in short time dt
= P OFF, OFF(t)*(-0.8)+P OFF ON (t)*0.8
But the answer is not making sense to me as there is 0.2 in multiplication with P OFF OFF (t) as per the answer by the examiner. Can someone explain how this is working?
I am having difficulty understanding the notation here. The question mentions that P ON (t) means probability of customer being online and P OFF (t) to mean pr of customer being offline. In that case, what does P' OFF (t) mean? what are the states under consideration for this differential equation in part (ii) of the question?
it looks like P'OFF (t) considers -
P' OFF OFF (t) = P OFF,OFF (t)* pr of OFF to OFF state in short time dt + P OFF, ON (t) * pr of ON to OFF state in short time dt
= P OFF, OFF(t)*(-0.8)+P OFF ON (t)*0.8
But the answer is not making sense to me as there is 0.2 in multiplication with P OFF OFF (t) as per the answer by the examiner. Can someone explain how this is working?