Abstract
The Inspection Paradox refers to the fact that in a Renewal Process, the length of the interarrival period which contains a fixed time is stochastically larger than the length of a typical interarrival period. To provide a more complete understanding of this phenomenon, conditioning arguments are used to obtain the distributions and moments of the lengths of the interarrival periods other than the one containing this fixed time for the case of the time-homogeneous Poisson Process. Distributions of the waiting times for events that occur both before and after this fixed time are derived. This provides a fairly complete probabilistic analysis of the Inspection Paradox.
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This work is licensed under a Creative Commons Attribution 4.0 International License.
Publication Date
2-2023
Document Type
Article
Department, Program, or Center
School of Mathematical Sciences (COS)
Recommended Citation
Marengo, J.E., Himes, A.M., Reinberger, W.C. and Farnsworth, D.L. (2023) Probability Distributions Arising in Connection with the Inspection Paradox for the Poisson Process. Open Journal of Statistics, 13, 16-24. https://doi.org/10.4236/ojs.2023.131002
Campus
RIT – Main Campus