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The purchase patterns for two brands of toothpaste can be expressed as a Markov process with the following transition probabilities. table [ [ ,
The purchase patterns for two brands of toothpaste can be expressed as a Markov process with the following transition probabilities. tableToFromSpecial BMDASpecial BMDA a Which brand appears to have the most loyal customers? Explain. Select ~~ has the most loyal customers because stay with them and only switch to the other brand, as opposed to where only stay with them and switch. b What are the projected market shares for the two brands? Enter exact numbers as integers, fractions, or decimals. Special B MDA
The purchase patterns for two brands of toothpaste can be expressed as a Markov process with the following transition probabilities.
tableToFromSpecial BMDASpecial BMDA
a Which brand appears to have the most loyal customers? Explain.
Select ~~ has the most loyal customers because stay with them and only switch to the other brand, as opposed to where only stay with them and switch.
b What are the projected market shares for the two brands? Enter exact numbers as integers, fractions, or decimals.
Special B
MDA
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