3. Construct a model of population flows between cities, suburbs, and nonmetropolitan areas of the UnitedStates. Their respective populations in 2022 were 80 million, 175 million, and 52 million. The stochasticmatrix giving the probabilities of the moves is(from)(to)citysuburb nonmetro0.960.010.015 city0.030.980.005suburb0.010.010.98nonmetroPredict the populations of city, suburban, and nonmetropolitan areas for 2023, 2024, and 2025. If a personwas living in the city in 2022, what is the probability the person will be living in a nonmetropolian area in2024?

Answered: Image /qna-images/answer/aaf0fae8-f84b-488d-80e9-7890f4a47ce6.jpg

3. Construct a model of population flows between cities, suburbs, and nonmetropolitan areas of the United States. Their respective populations in 2022 were 80 million, 175 million, and 52 million. The stochastic matrix giving the probabilities of the moves is (from) suburb nonmetro (to) city 0.96 0.01 0.015 city 0.03 0.98 0.005 suburb 0.01 0.01 0.98 nonmetro Predict the populations of city, suburban, and nonmetropolitan areas for 2023, 2024, and 2025. If a person was living in the city in 2022, what is the probability the person will be living in a nonmetropolian area in 2024?

3. Construct a model of population flows between cities, suburbs, and nonmetropolitan areas of the United States. Their respective populations in 2022 were 80 million, 175 million, and 52 million. The stochastic matrix giving the probabilities of the moves is (from) suburb nonmetro (to) city 0.96 0.01 0.015 city 0.03 0.98 0.005 suburb 0.01 0.01 0.98 nonmetro Predict the populations of city, suburban, and nonmetropolitan areas for 2023, 2024, and 2025. If a person was living in the city in 2022, what is the probability the person will be living in a nonmetropolian area in 2024?

Elementary Linear Algebra (MindTap Course List)

8th Edition

ISBN:9781305658004

Author:Ron Larson

Publisher:Ron Larson

Chapter2: Matrices

Section2.5: Markov Chain

Problem 55E

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