is no silver bullet. Since USS is already invested in the market‚ they will have to go through a difficult‚ and expensive‚ change‚ or they will end up perishing as the industry changes around them. USS current decided to stay with conventional continuous casting technology simply because they were looking at the shorter-term future‚ and was not willing to take the financial hit and risk associated with a new disruptive technology. Additionally‚ they were tying themselves to the requirements of the
Premium Term Time
neighbourhood size by approximating a continuous probability distribution is given. Four continuous probability distributions are used in our experiments to generate neighbourhood sizes dynamically‚ and the results are compared. combinatorial optimisation. A method of generating dynamic neighbourhood sizes by approximating continuous probability distributions is given in this section. Section 4 compares the experimental results of using di erent continuous probability distributions to generate
Premium Normal distribution Random variable Probability theory
different broad classes of random variables: 1. A continuous random variable can take any value in an interval or col¬lection of intervals. 2. A discrete random variable can take one of a countable list of distinct values. Sometimes a random variable fits the technical definition of a dis¬crete random variable but it is more convenient to treat it as a continuous random variable. Examples include Incomes‚ prices‚ and exam scores. Sometimes continuous random variables are rounded off to whole units
Premium Random variable Probability theory
appropriate tool. 6 M b. Define the following terms used in simulation i)discrete system ii)continuous system iii) stochastic system iv)deterministic system v)entity vi)Attribute 6M c. Draw the flowchart of steps involved in simulation study. 8M June 2010 1a) What is simulation? Explain with flow chart‚ the steps involved in simulation study 10 M 1b) Differentiate between continuous and discrete systems. 5M 1c)What is system and system environment?List the components of
Premium Random variable Probability theory Poisson distribution
A continuous stirred tank reactor (CSTR) is a continuous reactor that runs at a steady state. They are used most frequently with liquid phases‚ but can handle gas or solid reactions as well. No matter what the reactants are or the product is‚ all CSTR ’s have the same components. There is an inlet stream(s) that bring all of the reactants in at a particular rate. This stream(s) dumps into a large container; there is a shaft with a blade attached (stirrer) in the reactor that rotates around to mix
Premium Chemical reaction
parameters. 2. A continuous random variable may assume only integer values within a given interval. 3. An inspector correctly identifies defective products 90% of the time. For the next 10 products‚ the probability that he makes fewer than 2 incorrect inspections is 0.736. 4. A decision tree is a diagram consisting of circles decision nodes‚ square probability nodes‚ and branches. 5. Excel can only be used to simulate systems that can be represented by continuous random variables.
Premium Random variable Probability theory Randomness
Notes 6 Statistics Continuous Probability Distributions Probability Density Function [f(x)] –area under the graph of f(x) gives probability Uniform Probability Distribution ! for a ≤ x ≤ b f(x) = !!! 0 elsewhere !!! (!!!)! E(x) = ! ‚ Var(x) = ! Normal Probability Distribution Most important continuous probability distribution Many applications: heights‚ weights‚ rainfall‚ test scores Used extensively in statistical inference Shape of normal distribution is bell-shaped
Premium Normal distribution Probability theory
Modeling‚ decision making‚ and optimization In practical life‚ we have to continually make decisions. Making decisions are required for solving problems so that we can increase our opportunities and make life much easier and beneficial. There are many alternatives for making decisions‚ but making a rightful decision is a harder task. Evaluating these alternatives and choosing the best course of action represents the main essence of decision analysis. For analyzing various decision
Premium Decision making Risk Decision theory
1 of 25 | 1.0/ 1.0 Points | Numerical variables can be subdivided into which two types? | | A. Cross-sectional and discrete | | | | B. Diverse and categorical | | | | C. Nominal and progressive | | | | D. Discrete and continuous | | Answer Key: D | Part 2 of 9 - | 2.0/ 2.0 Points | Question 2 of 25 | 1.0/ 1.0 Points | A jar contains four white marbles‚ five red marbles‚ and six black marbles. If a marble is selected at random‚ find the probability that it is white
Premium Random variable Probability theory Normal distribution
Can a slow continuous intravenous therapy prolong the life of peripheral intravenous cannulae in the clinical setting? Introduction Background There is lack of current research evidence to suggest that continuous infusion also known as to ‘keep vein open’ to a peripheral intravenous cannula will prolong the life expectancy of a cannula. There is much discussion and debate among health care staff over the ability of a continuous infusion to prolong the life of a cannula. Many patients are often
Premium Medicine Emergency medical services Cardiopulmonary resuscitation