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India | Mechanical Engineering | Volume 2 Issue 12, December 2014 | Pages: 28 - 29
Characteristic of Threshold Level in a Stochastic Model
Abstract: A departure of people is common in much organization. Once a large number of departures from the organization reach a certain threshold level, it could be consider as a threshold break. The time to achieve threshold is an important feature of the organization. In this paper the stochastic model is proposed to get the expectation and variance of the time to achieve the threshold level.
Keywords: Exponential distribution, Geometric distribution, Threshold time
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