Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Nov 2017 My Price 4.00

metropolitan area

In a large metropolitan area, commuters either drive alone (A), carpool (C), or take public transportation (T). A study showed that 80% of those who drive alone will continue to do so next year, while 15% will switch to carpooling and 5% will use public transportation. 90% of those who carpool will continue, while 5% will drive alone and 5% will use public transportation. 85% of those who use public transportation will continue, while 10% will carpool and 5% will drive alone. Write the transition probability for the model. In the long run what fraction of commuters will use the three types of transportation?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Nov 2017 10:11 PM My Price 4.00

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