1 The State College admissions office has modeled the path of a student through State College as...
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1† The State College admissions office has modeled the path of a student through State College as a Markov chain:
Each student’s state is observed at the beginning of each fall semester. For example, if a student is a junior at the beginning of the current fall semester, there is an 80% chance that he will be a senior at the beginning of the next fall semester, a 15%
chance that he will still be a junior, and a 5% chance that he will have quit. (We assume that once a student quits, he never reenrolls.)
a If a student enters State College as a freshman, how many years can he expect to spend as a student at State?
b What is the probability that a freshman graduates?
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Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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