Tuesday 10 February 2015

Advance simulation and computer modelling #YOU THINK YOU KNOW MATHS/STATISTICS


 



#YOU THINK YOU KNOW MATHS/STATISTICS #SEP 2014 CPN EXAM


Mr. Smith wants to know the failure rate per month, of his piece of equipment located in oyo,fom the past failure’s records, he has the following information
Failure
Records/month
0
1
2
3
4
5
6
7
Frequency
1
2
3
5
6
5
3
0


PLEASE ADVICE MR.SMITH AS FOLLOWS:
1                     Generate the probabilities of the equipment failure rate per month
2                     Generate the random numbers to be used, and simulated for eight (8) month and advise him on what the failure rate would be, using the Monte-Carlo method.

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