In this paper, the performance of a Carrier Sense Multiple Access/Collision avoidance (CSMA/CA) protocol using stop-and-Wait automatic Repeat reQuest, which is adapted as a draft standard in IEEE 802.11, is analyzed using a mathematical method based on a renewal theory, and simulation checks are performed, which confirm the goodness of our anlysis. In order to anlayze of CSMA/CA, we model that network is composed of finite populationand channel is slotted. And, we consider the CSMA/CA protocol as a hybrid protocol of 1-persistent CSMA and p-persistent CSMA protocol. As resuls of analysis, we have found that the throughput is degraded and packet delay is increased as the number of stations, Acknowledgement (ACK) length and Distributed coordination function Inter Frame Space (DIFS) length are increased.