Given the transition matrix:
A B C D A B C D
P =
A
B
C
D
0.4 0.3 0.2 0.1
0 1 0 0
0 0 1 0
0.2 0.5 0.1 0.2
P4=
A
B
C
D
0.0396 0.5942 0.3518 0.0144
0 1 0 0
0 0 1 0
0.0288 0.756 0.2044 0.0108
Find the probability of going from state D to state A in four trials.
Given the transition matrix:
A B C D A B C D
P =
A
B
C
D
0.4 0.3 0.2 0.1
0 1 0 0
0 0 1 0
0.2 0.5 0.1 0.2
P4=
A
B
C
D
0.0396 0.5942 0.3518 0.0144
0 1 0 0
0 0 1 0
0.0288 0.756 0.2044 0.0108
Find the probability of going from state C to state B in four trials.
A trailer rental company has rental and return facilities at both a north and south location in a city. Assume a
trailer must be returned to one or the other of these locations. If a trailer is rented at the north location, the
probability that it will be returned there is .6; if a trailer is rented at the south location, the probability it will be
returned there is .65. Assume the company rents all of its trailers each day and each trailer is rented (and
returned) only once a day. If the company starts with 50% of the trailers at each location, what is the expected
distribution (in percentages) the next day?
62.5% of the trailers at the north location; 37.5% of the trailers at the south location
52.5% of the trailers at the north location; 47.5% of the trailers at the south location
37.5% of the trailers at the north location; 62.5% of the trailers at the south location
47.5% of the trailers at the north location; 52.5% of the trailers at the south location
Dublin is experiencing a population movement out of the city to the suburbs. Currently 85% of the total
population live in the city with the remaining 15% living in the suburbs. It has been shown that each year 7% of
the city residents move to the suburbs, while only 1% of the suburb population move back to the city. Assuming
population remains constant for both, what percent of the total will remain in the city after 2 years. Express your
answer rounded to hundredths of a percent.
Laurinburg is experiencing a population movement out of the city to the suburbs. Currently 85% of the total
population live in the city with the remaining 15% living in the suburbs. It has been shown that each year 7% of
the city residents move to the suburbs, while only 1% of the suburb population move back to the city. Assuming
population remains constant for both, what percent of the total will remain in the city after 5 years. Express your
answer rounded to hundredths of a percent.