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Current Trends in Bayesian Methodology with Applications
book

Current Trends in Bayesian Methodology with Applications

by Satyanshu K. Upadhyay, Umesh Singh, Dipak K. Dey, Appaia Loganathan
May 2015
Intermediate to advanced content levelIntermediate to advanced
680 pages
22h 33m
English
Chapman and Hall/CRC
Content preview from Current Trends in Bayesian Methodology with Applications
316 Current Trends in Bayesian Methodology with Applications
x = (x
1
, x
2
, x
3
, x
4
, x
5
) will satisfy
c
1
x
1
+ c
2
x
2
+ c
3
x
3
+ c
4
x
4
b,
x
1
, x
2
, x
3
, x
4
0 ,
x
4
n
4
x
1
, x
2
, x
3
, x
4
integer
x
5
{0, 1},
where n
4
is the maximum number of access doors that may be replaced. We
denote by B the se t of feasible portfolios.
We describe now the impact of countermeasures on the fare evasion pro-
portion. Assume that N, the number of customers in the planning period,
may be modelled as a Poisson pr ocess of rate λ. Let p(x) be the proportion of
standard fraudsters when we implement the security plan x, and q(x
1
) be the
proportion of customers inspected (x
2
, x
3
, x
4
, x
5
do not serve for inspection
purposes). Then, if we assume no extra cost for an annoyed customer, the
operator shall ...
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Publisher Resources

ISBN: 9781482235128