The coffee drinkers association of Victoria completed a survey of 2050 people to understand their buying habits. The initial results for March 2015 are shown in the following matrix Nespresso [800] Gloria Jeans 400 Coffee Club 500 Aldi Pods l350] The survey also found people would change preferences from month to month. The table below shows the movement of people between brands as a percentage. Switch to Nespresso Switch to Gloria Jeans Switch to Coffee Club Switch to Aldi Pods Purchase again 77% Nespresso Gloria Jeans 7% 8% S% 64% 12% 11% 13% Coffee Club 60% 16% 4% 20% Aldi Pods 58% 13% 10% 19% (a) Represent the above information in the form a transition Matrix with labels. (b) Calculate the number of customers drinking each particular coffee at the beginning of May 2015 show answer in the form of a Matrix.
The coffee drinkers association of Victoria completed a survey of 2050 people to understand their buying habits. The initial results for March 2015 are shown in the following matrix Nespresso [800] Gloria Jeans 400 Coffee Club 500 Aldi Pods l350] The survey also found people would change preferences from month to month. The table below shows the movement of people between brands as a percentage. Switch to Nespresso Switch to Gloria Jeans Switch to Coffee Club Switch to Aldi Pods Purchase again 77% Nespresso Gloria Jeans 7% 8% S% 64% 12% 11% 13% Coffee Club 60% 16% 4% 20% Aldi Pods 58% 13% 10% 19% (a) Represent the above information in the form a transition Matrix with labels. (b) Calculate the number of customers drinking each particular coffee at the beginning of May 2015 show answer in the form of a Matrix.
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 22CT
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