Question
What was the change in the market share of the store D from the beginning of the Period 1 to the end of the period
What was the change in the market share of the store D from the beginning of the Period 1 to the end of the period 2? Show this change as a percentage.
Original Market Shares at the beginning of the Period 1:
A | 0.25 |
B | 0.35 |
C | 0.20 |
D | 0.20 |
Transition Matrix for the First Period 1:
A | B | C | D |
0.50 | 0.25 | 0.20 | 0.05 |
0.15 | 0.70 | 0.10 | 0.05 |
0.10 | 0.20 | 0.40 | 0.30 |
0.00 | 0.05 | 0.15 | 0.80 |
Predicted Market Shares for the end of the Period 1:
A | |
B | |
C | |
D |
Period 2:
Market Shares at the beginning of the Period 2 = shares at the end of the Period 1:
A | |
B | |
C | |
D |
Transition Matrix for the Second Period:
0.40 | 0.25 | 0.20 | 0.15 |
0.10 | 0.75 | 0.10 | 0.05 |
0.25 | 0.25 | 0.35 | 0.15 |
0.05 | 0.10 | 0.25 | 0.60 |
Predicted Market Shares for the end of the Period 2:
A | |
B | |
C | |
D |
Subtract the starting share of D from the share at the end of the Period 2. Show the change as %.
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