In a city three factories X, Y, Z in which the number of workers in total is a fixed number. However, it is allowed to shift from one factory to another in each month and the scenario is described in percentage as follows. At the end of each month 30% move from X to Y, 20% move from X to Z rest stay in X, 20% move from Y to X, 30% move from Y to Z, rest stay in Y, 30% move from Z to X, 35% move Z to Y, rest stay in Z. Draw the transition diagram and write the Transition matrix. If initially in the first month the state vector is given by x0-[50, 45, 35], then what is the situation in the second month? Also find the steady state vector

Suppose the entire cola industry produces only two colas. Given that a person last purchased cola 1, there a 70% chance that her next purchase will be cola 1. Given that a person last purchased cola 2, there is an 75% chance that her next purchase will be cola 2. Suppose that each customer makes one purchase of cola during any week (52 weeks=1 year). Suppose there are 150 million customers. One selling unit of cola costs the company $0.5 to produce and is sold for $2. For $200 million per year, Britney Spears (by an advertising song) guarantees to decrease from 30% to 15% the fraction of cola 1 customers who switch to cola 2 after a purchase. Should the company that makes cola 1 hire Britney Spears?

The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. For each reservation accepted, there is a 5% chance that the guest will not arrive. If the hotel overbooks, it costs $200 to compensate guests whose reservations cannot be honored. How many reservations should the hotel accept if it wants to maximize the average daily profit?

A motion picture industry analyst is studying movies based on epic novels. The following data were obtained for 10 Hollywood movies made in the past five years. Each movie was based on an epic novel. For these data, x1 = first-year box office receipts of the movie, x2 = total production costs of the movie, x3 = total promotional costs of the movie, and x4 = total book sales prior to movie release. All units are in millions of dollars. x1 x2 x3 x4 85.1 8.5 5.1 4.7 106.3 12.9 5.8 8.8 50.2 5.2 2.1 15.1 130.6 10.7 8.4 12.2 54.8 3.1 2.9 10.6 30.3 3.5 1.2 3.5 79.4 9.2 3.7 9.7 91.0 9.0 7.6 5.9 135.4 15.1 7.7 20.8 89.3 10.2 4.5 7.9   a) If x2 (production costs) and x4 (book sales) were held fixed but x3 (promotional costs) were increased by 1.1 million dollars, what would you expect for the corresponding change in x1 (box office receipts)? (Use 2 decimal places.)b) Test each coefficient in the regression equation to determine if it is zero or not zero. Use level of…

When looking at the data for graduate school admissions between men and women, it is shown that about 45% of men are admitted but only 38% of women. However, when the data is broken down by school it turns out that, within each school, the women are admitted at higher rates than the men. This could happen because I. The women apply in higher numbers to schools with lower acceptance rates. II. The women apply in higher numbers to schools with higher acceptance rates III. The men apply in higher numbers to schools with lower acceptance rates IV. The men apply in higher numbers to schools with higher acceptance rates

An undergraduate psychology course only gives the grades of A, B, C, or F. The department has determined that there should be 20% A's given, 30% B's given, 40% C's, and 10% F's given as final grades for the course. For the spring 2021 semester, 400 students took the course and 100 students received A's, 100 students received B's, 150 students received C's and 50 students received F's, so taose are my obsérved frequencies. We want to do a Chi-square Multinomial Goodness of Fit test to see if our grading guidelines match up with what is actually happening. What is the expected frequency for the grade of C category? Round your answer to the tenths position.

A motion picture industry analyst is studying movies based on epic novels. The following data were obtained for 10 Hollywood movies made in the past five years. Each movie was based on an epic novel. For these data, x1 = first-year box office receipts of the movie, x2 = total production costs of the movie, x3 = total promotional costs of the movie, and x4 = total book sales prior to movie release. All units are in millions of dollars. x1 x2 x3 x4 85.1 8.5 5.1 4.7 106.3 12.9 5.8 8.8 50.2 5.2 2.1 15.1 130.6 10.7 8.4 12.2 54.8 3.1 2.9 10.6 30.3 3.5 1.2 3.5 79.4 9.2 3.7 9.7 91.0 9.0 7.6 5.9 135.4 15.1 7.7 20.8 89.3 10.2 4.5 7.9   a) Find a 90% confidence interval for each coefficient. (Use 2 decimal places.)   lower limit upper limit ?2     ?3     ?4     b) Suppose a new movie (based on an epic novel) has just been released. Production costs were x2 = 11.4 million; promotion costs were x3 = 4.7 million; book sales were x4 = 8.1 million. Make a…

3. In the following example, a cohort of six individuals was followed for 100 days after an outbreak of a viral infection in a hospital ward. The graph below shows how many days each subject remained in the study as a non-case (not infected). Those who completed the study as non-cases reached 100 days - the rest fell ill and did become cases. Since we know person-time is used to determine the amount of time at risk, calculate the total time contributed by all six subjects in this study. Note for submission: please make sure to include your units and interpretation in your Worksheet so you have it for review for the midterm, even if Blackboard doesn't allow for this information to be included in your submitted answer! Calculating Person-days F 64 E 100 D. 100 37 55 12 20 40 60 80 100 Days