An outdoor restaurant in a summer resort closes only on rainy days. From past records, it is
Question:
An outdoor restaurant in a summer resort closes only on rainy days. From past records, it is found that from May through September, when it rains one day, the probability of rain for the next day is .4; when it does not rain one day, the probability of rain for the next day is .06.
(A) Draw a transition diagram.
(B) Write the transition matrix.
(C) If it rains on Thursday, what is the probability that the restaurant will be closed on Saturday? On Sunday?
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Related Book For
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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