subject
Mathematics, 06.03.2021 20:00 animexcartoons209

AFFLUENT 27.1%
Sh72.000
(in 1994)
7.5%
MIDDLE CLASS
8.596
Sh24.000
(in 1994,
30.4%
POOR
(1)
Use the transitions shown in the diagram to construct a transition
matrix (assuming zero probabilities for the transitions between
affluent and poor).
Assuming that the trend shown was to continue, what percent of
households' classified as affluent in 1980 - 1991, were predicted to
become poor in 1993?​

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Answers: 2

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AFFLUENT 27.1%
Sh72.000
(in 1994)
7.5%
MIDDLE CLASS
8.596
Sh24.000
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