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Voting trends: At the end of June in a presidential election year, 40% of the voters were registered as liberal, 45% as conservative and 15%

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Voting trends: At the end of June in a presidential election year, 40% of the voters were registered as liberal, 45% as conservative and 15% as independent. Over a one- month period, the liberals retained 80% of their constituency, while 15% switched to conservative and 5% to independent. The conservatives retained 70% and lost 20% to the liberals. The independents retained 60% and lost 20% each to the conservatives and liberals. Assume that these trends continue. a. Write a transition matrix using above information. b. What would be the probability vector for the initial distribution. BIUA . . . Paragraph V Previous Page Next Page Page 6 of 7 IX D/II LO F2 F3 H F4 F5 F6 F7 F8 $ % 4 6 7 9

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