Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Mathematics (https://www.askmehelpdesk.com/forumdisplay.php?f=199)
-   -   What is the net costs of this rocket launching scenerio? (https://www.askmehelpdesk.com/showthread.php?t=766406)

  • Sep 9, 2013, 09:10 AM
    karthik666
    What is the net costs of this rocket launching scenerio?
    Rockets are launched until the first successful launching has taken place. If this does not occur within 5 attempts, the experiment is halted and the equipment inspected.

    Suppose that there is a constant probability of 0.8 of having a successful launching and that successive attempts are independent. Assume that the cost of the first launching is K dollars while subsequent launching cost K/3 dollars. Whenever a successful launching take place, a certain amount of information is obtained which may be expressed as financial gain of, say 'C' dollars. If 'T' is the net cost of this experiment, find the probability distribution of T?
  • Sep 9, 2013, 07:07 PM
    Fr_Chuck
    Thank you for using the site, and for looking for help with your school problems. As you should realize from the information you were to read when you signed up, we do not do your home work, or give you answers to home work.

    To do so would be a violation of site rules, and a expert doing so, would be incorrect in this.

    We can discuss your opinion, so if you wish to tell us what you think, what you find in your study of this, we can discuss it.

    Chuck, Moderator

  • All times are GMT -7. The time now is 06:09 PM.