Construct a model of population flow between metropolitan and nonmetropolitan areas of the United States, given that their respective populations in 2012 were 255 million and 52 million. The probabilities are given by the matrix (from) (to) metro nonmetro [0.99 [0.01 0.02] metro 0.98 nonmetro Predict the population distributions of metropolitan and nonmetropolitan areas for the years 2013 through 2015 (in millions, to four decimal places). If a person was living in a metropolitan area in 2012, what is the probability that the person will still be living in a metropolitan area in 2015?

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.