A Monte Carlo Simulation problem:New Guernsey toll booth
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Consider the following probability distribution for the times between arrival of cars stopping at a New Guernsey toll booth:
Time Probability
5 sec 0.35
10 0.23
15 0.15
20 0.11
25 0.08
30 0.05
35 0.03
A) Construct the cumulative probability distribution and determine a random number assignment suitable for simulation. (Use the first two digits of the random numbers).
B) Simulate the arrival of 20 cars and calculate the estimated mean time between arrivals.
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Solution Summary
This posting contains solution to the problem on Monte Carlo Simulation in order to estimate mean time between arrivals.
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Hi
The attached excel file contains the solution.
The mean time between arrivals = 12.75 seconds based on the simulation in the excel file.
Consider the ...
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