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6. The city of Boston is served by two cable TV companies: Northeastern Cable and Babson Cable. A survey of 1000 cable subscribers shows this
6. The city of Boston is served by two cable TV companies: Northeastern Cable and Babson Cable. A survey of 1000 cable subscribers shows this breakdown of customers from the beginning to the end of August. Company on Company on August August 1 31 Northeastern Babson Northeastern 400 200 Babson 300 100 6.1. Construct the transition matrix. 6.2. What was each company's market share at the beginning and end of the month? 6.3. If the current trend continues, what will the market shares be
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