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In a social mobility study, individuals are classified according to the following states A) Professional B) Managerial C) Inspectional D) Skilled manual E) Unskilled manual
In a social mobility study, individuals are classified according to the following states A) Professional B) Managerial C) Inspectional D) Skilled manual E) Unskilled manual Annual transition probability of an individual between these social classes are given with the following matrix: 0.646 0.267 0.062 0.015 0.01 0.25 0.343 0.307 0.05 0.05 P = 0.14 0.232 0.45 0.17 0.008 0.05 0.26 0.33 0.33 0.03 L0.012 0.13 0.213 0.241 0.404) Find the expected amount of year for an unskilled manual individual to reach the class professional. In a social mobility study, individuals are classified according to the following states A) Professional B) Managerial C) Inspectional D) Skilled manual E) Unskilled manual Annual transition probability of an individual between these social classes are given with the following matrix: 0.646 0.267 0.062 0.015 0.01 0.25 0.343 0.307 0.05 0.05 P = 0.14 0.232 0.45 0.17 0.008 0.05 0.26 0.33 0.33 0.03 L0.012 0.13 0.213 0.241 0.404) Find the expected amount of year for an unskilled manual individual to reach the class professional
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