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In the city of AZ, there are two supermarkets, X-Mart and Y-Mart. It is assumed that every shopper makes a purchase once a week at one of these supermarkets (not both). In a study, 100 samples of shoppers were taken over 10 weeks. From the study, it is known that if a shopper goes to X-Mart in one week, 85 people will continue to shop at X-Mart in the following week, and if a shopper goes to Y-Mart in one week, 70 people will continue to shop at Y-Mart in the following week. Create a transition probability table and matrix for this scenario, and then If in the first week Ivankov buys from X-Mart, what is the probability that Terry will buy from X-Mart in the third and fourth weeks?

In the city of AZ, there are two supermarkets, X-Mart and Y-Mart. It is assumed that every shopper makes a purchase once a week at one of these supermarkets (not both). In a study, 100 samples of shoppers were taken over 10 weeks. From the study, it is known that if a shopper goes to X-Mart in one week, 85 people will continue to shop at X-Mart in the following week, and if a shopper goes to Y-Mart in one week, 70 people will continue to shop at Y-Mart in the following week. Create a transition probability table and matrix for this scenario, and then If in the first week Ivankov buys from X-Mart, what is the probability that Terry will buy from X-Mart in the third and fourth weeks?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 28PPS
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In the city of AZ, there are two supermarkets, X-Mart and Y-Mart. It is assumed that every shopper makes a purchase once a week at one of these supermarkets (not both).
In a study, 100 samples of shoppers were taken over 10 weeks. From the study, it is known that if a shopper goes to X-Mart in one week, 85 people will continue to shop at X-Mart in the following week, and if a shopper goes to Y-Mart in one week, 70 people will continue to shop at Y-Mart in the following week.
Create a transition probability table and matrix for this scenario, and then If in the first week Ivankov buys from X-Mart, what is the probability that Terry will buy from X-Mart in the third and fourth weeks?

 

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