Is there an error in the following analysis:
Objective: find lower and upper bounds on the probability that two or more events are initiated at the same time in a 30 days period. (edited)
System:
Events of type A, B, and C are initiated randomly with the following frequency:
- Event A is initiated 48 times every 24 hours
- Event B is initiated 128 times every 24 hours
- Event C is initiated 84 times every 24 hours
When any event is initiated it precludes other events from occurring for 5 minutes. For example if an Event A is initiated, then another Event A or an Event B or an Event C cannot be initiated for 5 minutes. This is the time it takes an event to complete.
For our purposes time resolution is 1 second, so that two events are considered simultaneous if they are initiated at the same second.
Additional information about the Events A, B, and C. For event A, the A system controls two sets of 3 devices. Every 3 hours the system will initiate the devices in a sequential manner, so that every 24 hours each device is initiated 8 times. Similar for event B: 16 devices every 3 hours; and event C: 28 devices every 8 hours. The exact timing of the initiating is also effected by external events, so the events are not initiated at precisely regular intervals.
Analysis: a 24 hour time interval has 86400 seconds = 24 hrs x 60 min/hr x 60 sec/min
Events cannot be initiated for 78000 seconds = total number of events occurring in a 24 hour period multiplied by the time an even takes to complete = (48 + 128 + 84 events) * 5 min/event = 60 sec/min
events may be initiated in a time window of 8400 seconds = total seconds in a 24 hour period - time that events are running = (86400 - 78000 seconds)
For a lower bound, consider the probability of each type of event being initiated at the available times for a 24 hour period are:
- P(A) = probability of event A = 48 / 8400 = 1/175
- P(B) = probability of event B = 128 / 8400 = 8/525
- P(C) = probability of event C = 84 / 8400 = 1/100
The probability of two events being initiated at the same time over a 24 hour period is the product of their probabilities. And the probability of all three event being initiated at the same time is the product of all three probabilities.
For the probability over a 30 day period, multiply by 30.
Result
Lower bound on the probability of simultaneous initiation of events over a 30 day period
Psimultanous30 = 30 ( P(A) P(B) + P(A) P(C) + P(B) P(C) + P(A) P(B) P(C) ) = 0.48
Notes; Similar to this question: Probability of two events occurring in the same time period