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Suppose research on three major cell phones companies revealed the following transition matrix for the probability that a person with one cell phone carrier switches to another. Will Switch to Company A Company B Company C Company A .91 .07 .02 Now has Comp. B .03 .87 .10 Company C .14 .04 .82 The current share of the market is [.26, .36, .38] for Companies A, B, and C respectively. Find the share of the market held by each company after a) 1 year b) 2 years c) 3 years d) What is the long-range prediction?
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450 girls were surveyed about their favorite sport, 24% said in which basketball is their favorite sport, 13% said in which ice hockey is their favorite sport, and 41% said which s
Evaluate the volume of a ball whose radius is 4 inches? Round to the nearest inch. (π = 3.14) a. 201 in 3 b. 268 in 3 c. 804 in 3 d. 33 in 3 b. The volume of a
Determine if the subsequent series is convergent or divergent. Solution As the cosine term in the denominator doesn't get too large we can suppose that the series term
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joey asked 30 randomly selected students if they drank milk, juice, or bottled water with their lunch. He found that 9 drank milk, 16 drank juice, and 5 drank bottled water. If the
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