Mathematics, 13.12.2021 22:50 accounting73
Let the process of getting through undergraduate school be a homogeneous Markov process with time unit one year. The states are Freshman, Sophomore, Junior, Senior, Graduated, and Dropout. Your class (Freshman through Graduated) can only stay the same or increase by one step, but you can drop out at any time before graduation. You cannot drop back in. The probability of a Freshman being promoted in a given year is .8; of a Sophomore, .85; of a Junior, .9, and of a Senior graduating is .95. The probability of a freshman dropping out is .10; of a Sophomore, .07; of a Junior, .04; of a Senior, .02.
a) Construct the Markov transition matrix for this process.
b) If we were more realistic, and allowed for students dropping back in, this would no longer be a Markov process. Why not?
Answers: 1
Mathematics, 21.06.2019 16:00
Kathleen's gross annual salary is $56,820. what is the maximum amount of rent she can afford to pay? round your answer to the nearest dollar. question 1 options: $1146 $1326 $1656 $2368
Answers: 3
Mathematics, 21.06.2019 18:40
This stem-and-leaf plot represents the heights of the students on ralph's basketball team. one student's height is missing from the plot. if the mean height of all the students on the team is 61 inches, what is the missing height? a. 55 in. b. 59 in. c. 61 in. d. 65 in.
Answers: 2
Mathematics, 22.06.2019 00:40
Calculate the effective quarterly compound interest rate equivalent to a 1% of monthly compound interest rate.
Answers: 3
Mathematics, 22.06.2019 01:00
Find the unit rate. enter your answer as a mixed number. a fertilizer covers 2/3 square foot in 1/2 hour.
Answers: 2
Let the process of getting through undergraduate school be a homogeneous Markov process with time un...
Biology, 17.10.2020 05:01
Advanced Placement (AP), 17.10.2020 05:01
Geography, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01
History, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01
History, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01
English, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01
Geography, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01
Mathematics, 17.10.2020 05:01