Cell phone users in Boise can choose between three carriers: Sprint, AT&T, and Verizon. Advertising by all three companies results in a continual shift of customers. Each year, Sprint loses 30% of customers to AT&T and 30% to Verizon. AT&T loses 20% to Sprint and 10% to Verizon. Verizon loses 25% to Sprint and 25% to AT&T. Currently, Sprint has 25% of the market, AT&T has 35%, and Verizon has 40%. Use sprint (S), AT&T (A) , Verizon (V) State the probability vector, create the transition matrix, and draw the transition diagram 2. Assume that for 5 years this trend continues. State the transition matrix after 5 years. What is the market share for each compa

Cell phone users in Boise can choose between three carriers: Sprint, AT&T, and Verizon. Advertising by all three companies results in a continual shift of customers. Each year, Sprint loses 30% of customers to AT&T and 30% to Verizon. AT&T loses 20% to Sprint and 10% to Verizon. Verizon loses 25% to Sprint and 25% to AT&T. Currently, Sprint has 25% of the market, AT&T has 35%, and Verizon has 40%. Use sprint (S), AT&T (A) , Verizon (V) State the probability vector, create the transition matrix, and draw the transition diagram 2. Assume that for 5 years this trend continues. State the transition matrix after 5 years. What is the market share for each compa

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter7: Applying Fractions

Section7.6: Percents Problems

Problem 4WE

See similar textbooks

Similar questions

Charity Navigator is America's leading independent charity evaluator. The data in the Excel Online file below show the total expenses ($), the percentage of the total budget spent on administrative expenses, the percentage spent on fundraising, and the percentage spent on program expenses for 10 supersized charities. Administrative expenses include overhead, administrative staff and associated costs, and organizational meetings. Fundraising expenses are what a charity spends to raise money, and program expenses are what the charity spends on the programs and services it exists to deliver. The sum of the three percentages does not add to 100% because of rounding. Construct a spreadsheet to answer the following questions.
Charity Navigator is America's leading independent charity evaluator. The data in the Excel Online file below show the total expenses ($), the percentage of the total budget spent on administrative expenses, the percentage spent on fundraising, and the percentage spent on program expenses for 10 supersized charities. Administrative expenses include overhead, administrative staff and associated costs, and organizational meetings. Fundraising expenses are what a charity spends to raise money, and program expenses are what the charity spends on the programs and services it exists to deliver. The sum of the three percentages does not add to 100% because of rounding. Construct a spreadsheet to answer the following questions. Charity # Charity Total Expenses ($) Administrative Expenses (%) Fundraising Expenses (%) Program Expenses (%) 1 American Red Cross 3355147520 3.8 3.9 92.1 2 World Vision 1200410940 3.8 7.6 88.4 3 Smithsonian Institution 1078888839 23.3 2.6 73.7 4 Food For…
Jose visits campus every Thursday evening. However, some days the parking garage is full, often due to college events. There are academic events on 35% of evenings, sporting events on 20% of evenings, and no events on 45% of evenings. When there is an academic event, the garage fills up about 25% of the time, and it fills up 70% of evenings with sporting events. On evenings when there are no events, it only fills up about 5% of the time. If Jose comes to campus and finds the garage full, what is the probability that there is a sporting event? A. Draw a tree diagram (marginal probabilities in the primary branch and conditional probabilities in the secondary branches). B. What is the probability that there is a sporting event when Jose finds the garage full?
If a household has 3 members, and has an annual income of $100,000, predict this household’s monthly spending.
Answer using MS Excel. The following table shows the values in General Government Consumption Expenditure (in US) for the Philippines from 2007 to 2016. General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees.) It also includes most expenditures on national defense and security but excludes government military expenditures that are part of government capital formation. (Source: World Bank national accounts data, and OECD National Accounts data files.) Year Consumption Expenditure 2007 $13,867,990,000 2008 $15,384,520,000 2009 $16,598,320,000 2010 $19,403,620,000 2011 $21,744,840,000 2012 $27,117,510,000 2013 $29,468,210,000 2014 $30,054,320,000 2015 $31,993,260,000 2016 $33,926,500,000 Use any statistical tool or program to construct a bar graph, a pie chart, and a line graph. Which…
Please help with the last subpart.
A friend who lives in Los Angeles makes frequent consulting trips to Washington, D.C.;50% of the time she travels on airline #1, 30% of the time on airline #2, and the remaining 20% of the time on airline #3. For airline #1, flights are late into D.C.30% of the time and late into L.A.10% of the time. For airline #2,these percentages are 25% and 20%,whereas for airline #3 the percentages are 40% and 25%.If we learn that on a particular trip she arrived late at exactly one of the two destinations, what are the posterior probabilities of having flown on airlines #1,#2, and #3? Assume that the chance of a late arrival in L.A.is unaffected by what happens on the flight to D.C. [ Hint: From the tip of each first generation branch on a tree diagram, draw three second-generation branches labeled, respectively, 0 late,1late, and 2 late.]
. In 2010, of a total of 67,000 rooms on the Las Vegas Strip, Caesars Entertainment managed 22,880, while MGM Resorts managed over 12,000. However, owing to the Great Recession and new hotel openings, between 2008 and 2010, MGM's hotel occupancy decreased from 92% to 89%, while its average daily room rate fell from $148 to $108. Meanwhile, CityCenter, managed by MGM Resorts, and the Cosmopolitan opened with 4,000 and 3,000 rooms respectively, and the 1,720-room Sahara closed. (Sources: Caesars Entertainment Corp., Annual Report 2010; MGM Resorts, Annual Report 2010; "Sahara's closure on May 16 will mark `the end of an era'," Las Vegas Sun, March 11, 2011.) (a) Using a suitable figure, explain how the opening of CityCenter and the Cosmopolitan affects the residual demand for an existing hotel and how it should adjust prices. (b) If MGM Resorts had not reduced its room rates, what would have been the effect on occupancy? (c) Use the Cournot model to explain…
By 2019, nearly $1 out of every $5 spent in the U.S. economy is projected to go for health care. The bar graph shows the percentage of the U.S. gross domestic product going toward health care from 2007 through 2014, with a projection for 2019.By 2019, nearly $1 out of every $5 spent in the U.S. economy is projected to go for health care. The bar graph shows the percentage of the U.S. gross domestic product going toward health care from 2007 through 2014, with a projection for 2019. a. Use the function to determine the percentage of the U.S. gross domestic product that went toward health care in 2009. Round to the nearest tenth of a percent. Does this underestimate or overestimate the percentdisplayed by the graph? By how much? b. According to the model, when will 18.5% of the U.S. gross domestic product go toward health care? Round to the nearest year.
The drop down is better off or worse off
Do men and women differ in the number of hours per day they have to relax?
A stable population of 35,000 birds lives on three islands. Each year 10% of the population on island A migrates to island B, 20% of the population on island B migrates to island C, and 5% of the population on island C migrates to island A. Find the number of birds on each island if the population count on each island does not vary from year to year.