Alfa Beta Alfa ¾ ½ Beta S ½

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter6: Ratio, Proportion, And Probability
Section: Chapter Questions
Problem 6CR
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Question

Central theme: Markov chains
A supermarket chain sells Alfa and Beta brand bread. Currently, Alfa has 50% of the chain's daily bread sales.
of the chain's daily bread sales. To increase sales, Alfa launches a new advertising campaign. The bakery
believes that the change in bread sales in the chain will be based on the transition matrix:

A) Find the steady state vector.

Alfa
Beta
Alfa
34
½
Beta
14
½
Transcribed Image Text:Alfa Beta Alfa 34 ½ Beta 14 ½
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