Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

WXXX, WYYY, AND WZZZ are three radio stations that compete for listeners. Each month some of the listeners switch from one station to another while

WXXX, WYYY, AND WZZZ are three radio stations that compete for listeners. Each month some of the listeners switch from one station to another while some remain loyal to their current station. It has been found that each month:

20% of the listeners of WXXX switch to WYYY 10% of the listeners of WXXX switch to WZZZ 30% of the listeners of WYYY switch to WXXX 10% of the listeners of WYYY switch to WZZZ 20% of the listeners of WZZZ switch to WXXX 30% of the listeners of WZZZ switch to WYYY

Currently, the listening audience is divided as follows:

35% listen to WXXX 40% listen to WYYY 25% listen to WZZZ

Use this information to answer the following questions. (Give your answers correct to three decimal places. Note that you are asked to give decimal values and not percentages. For example, you would need to enter 0.628 as opposed to 62.800%.)

(a) What fraction of the listeners will WZZZ have after 2 months? (b) What fraction of the listeners will WXXX have after 3 months? (c) What fraction of the listeners will WYYY have after 5 months

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

An Engineering Approach To Linear Algebra

Authors: W W Sawyer

1st Edition

0511565941, 9780511565946

More Books

Students also viewed these Mathematics questions

Question

Be relaxed at the hips

Answered: 1 week ago