Explain the solution of this stochastic process problem for me please?


by Alan Lui
Tags: explain, process, solution, stochastic
Alan Lui
Alan Lui is offline
#1
Feb17-13, 12:28 PM
P: 1
The page are under the attachment.

How to solve the Harry drives cross-country problem without technical symbol but with common explanation. the problem and solution is on page 17-18

I sort of confused with the reason why s take place in the solution, in another word, why the geometric distribution takes place in the solution?
Attached Thumbnails
stochastic 1.jpg   stochastic 2.jpg  
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