Question
There are three categories of people Indonesia: those who never avoid to excercise, those who sometimes do it, and those who always do it.
There are three categories of people Indonesia: those who never avoid to excercise, those who sometimes do it, and those who always do it. Based on research shows that: For those who did not avoid exercising last year, 97% continue in the same category this year, 2% move to the "sometimes" category, and the remainder move to the "always" category. For those who sometimes avoid to excercise, 5% move to "never," 90% stay the same, and 5% move to "always." for the "always" avoiders, the respective percentages are 0%, 4%, and 96%. Express the problem as a Markov chain. In the long run, what would be the steady-state probability of "never," "sometimes," and "always" tax categories?
Step by Step Solution
3.47 Rating (160 Votes )
There are 3 Steps involved in it
Step: 1
97 Never 2 5 90 y Om...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Systems analysis and design in a changing world
Authors: John W. Satzinger, Robert B. Jackson, Stephen D. Burd
5th edition
9780324593778, 1423902289, 9781305117204, 324593775, 978-1423902287
Students also viewed these Mathematics questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App