A city is served by two newspapersthe Tribune and the Daily News. Each Sunday readers purchase one

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A city is served by two newspapers€”the Tribune and the Daily News. Each Sunday readers purchase one of the newspapers at a stand. The following matrix contains the probabilities of a customer€™s buying a particular newspaper in a week, given the newspaper purchased the previous Sunday:

A city is served by two newspapers€”the Tribune and the

Simulate a customer€™s purchase of newspapers for 20 weeks to determine the steady-state probabilities that a customer will buy each newspaper in the longrun.

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