Customers are used to evaluate preliminary product designs. In the past, 91% of highly successful products received good reviews, 57% of moderately successful products received good reviews, and 15% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% have been moderately successful and 25% have been poor products. Round your answers to four decimal places (eg. 98.7654).

Customers are used to evaluate preliminary product designs. In the past, 91% of highly successful products received good reviews, 57% of moderately successful products received good reviews, and 15% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% have been moderately successful and 25% have been poor products. Round your answers to four decimal places (eg. 98.7654).

Operations Research : Applications and Algorithms

4th Edition

ISBN:9780534380588

Author:Wayne L. Winston

Publisher:Wayne L. Winston

Chapter17: Markov Chains

Section17.6: Absorbing Chains

Problem 7P

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