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The Megasoft company gives each of its employees the title of programmer (P)or project manager (M). In any given year 70% of programmers remain in
The Megasoft company gives each of its employees the title of programmer (P)or project manager (M). In any given year 70% of programmers remain in thatposition, 20% are promoted to project manger, and 10% are fired (state X). 95%of project mangers remain in that position while 5% are fired.How long on theaverage does a programmer work before they are fired?
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Let us write down the transition matrix P M X P 07 02 01 M 0 095 005 X 0 0 1 To f...
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
11th Canadian Edition
132564440, 978-0132564441
