Define the Probability Transition Matrices or Brand switching.

 

Posted Date: 2/12/2013 4:58:23 AM | Location : United States

Ask an Expert

These are matrices whether the individual elements are in the form of probabilities. The probabilities signify the probability of one event following another event that is the probability of transition from one event to the next. The probabilities of the different changes applied to the initial state by matrix multiplication, provide a forecast of the succeeding state. Usually a transition matrix is defined along with its columns adding upto one and state vectors as column vectors. In this type of case the succeeding state is found by pre-multiplying the transition matrix by the proceeding state as column vector If the transition matrices are given along with their rows adding up to one so then the succeeding state is found by post multiplying the transition matrix, by the preceding state as row vector. Posted by Aliena | Posted Date: 2/12/2013 4:59:02 AM

Related Discussions:- Probability transition matrices or brand switching, Assignment Help, Ask Question on Probability transition matrices or brand switching, Get Answer, Expert's Help, Probability transition matrices or brand switching Discussions

Write discussion on Probability transition matrices or brand switching
Your posts are moderated

Write your message here..

Related Questions

Math, could you help me get bater at math could you help me get bater at math

#title.calculus., find dy/dx of cosx find dy/dx of cosx

Calculate probability, The following table contains some information about... The following table contains some information about the model used. Assume the probabilities given by the model are those of being a good writer. Variable

Positioning, Importance of positioning Importance of positioning

Determines the angles of depression, A pilot is flying over a straight leng... A pilot is flying over a straight length of road. He determines the angles of depression of two mileposts, 5 miles apart, to be 32° and 48°. a) Find the distance of the plane f

2 step equations, What is a two step equation that equals 8 ? What is a two step equation that equals 8 ?

Cylinder, #question Show that the enveloping cylinder of the conicoid ax 2 ... #question Show that the enveloping cylinder of the conicoid ax 2 + by 2 + cz 2 = 1 with generators perpendicular to the z-axis meets the plane z = 0 in parabolas

Find the sum of all natural numbers, Find the sum of all natural numbers am... Find the sum of all natural numbers amongst first one thousand numbers which are neither divisible 2 or by 5 Ans:    Sum of all natural numbers in first 1000 integers which ar

Irrational numbers, square root 2 on the number line square root 2 on the number line

Micrometer, how to use a micrometer how to use a micrometer