A new rapid transit system has just started operating. In the first month of operation, it is
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A new rapid transit system has just started operating. In the first month of operation, it is found that 25% of commuters are using the system, while 75% still travel by car. The following transition matrix was determined from records of other rapid transit systems:
(A) What is the initial-state matrix?
(B) What percentage of commuters will be using the new system after 1 month? After 2 months?
(C) Find the percentage of commuters using each type of transportation after the new system has been in service for a long time.
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College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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