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(10 points) The businesses were classified into three categories base on size: small (2 to 10 employees), medium (11 - 43 employees), and large (44
(10 points) The businesses were classified into three categories base on size: small (2 to 10 employees), medium (11 - 43 employees), and large (44 or more employees). The transition period for a 1-year period is given in the following Small Medium Large Small 0.9006 0.0790 0.0204 Medium 0.0560 0.8859 0.0581 Large 0.0013 0.0301 0.9686 If the trends continue, what percent of the business will be small, medium or large in the long run? Use Desmos to create a new matrix (4 by 4) and find its RREF form in order to find the longterm trend vector E = [e1, e2, e3]. Print the matrix before and after RREF
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