All welders in a factory begin as apprentices. Every year the performance of each apprentice is reviewed.

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All welders in a factory begin as apprentices. Every year the performance of each apprentice is reviewed. Past records indicate that after each review, 10% of the apprentices are promoted to professional welder, 20% are terminated for unsatisfactory performance, and the remainder continue as apprentices.
(A) Draw a transition diagram.
(B) Write the transition matrix.
(C) What is the probability that an apprentice is promoted to professional welder within 2 years? Within 4 years?
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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