In Problems 41-44, approximate the stationary' matrix
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- A market demand has 3 possible states namely GOOD, NORMAL and BAD for each period. At each period there are 2 possible decisions for the manager as do nothing/ make promotion. The transition matrix of states regarding for possible decisions are given as below Pof do nothing GOOD NORMAL BAD GOOD 0.4 0.2 04 0.3 0.2 0.5 NORMAL 0.5 BAD 0.1 0.4 Pof make promotion GOOD NORMAL BAD 0.4 0.4 0.5 GOOD 0.2 NORMAL 04 0.1 BAD 0.3 0.4 0.3 It is known that the income for each period when the state in GOOD, NORMAL and BAD are 10000, 7000, 2000. Cost for do nothing is 0, and make promotion is 3000. a) Given at period 0 the state is NORMAL, estimate expected beneft obtain two periods when the sequence of decisions is do nothing, do nothing b) Given at period 0 the state is NORMAL, estimate expected beneft obtain two periods when the sequence of decisions is make promotion, make promotionarrow_forwardQ1: The following is a 30x2 matrix that shows the test marks of students in a class, where the maximum mark is 100%. name = ['Ahmad', 'Jeffrey', ...] mark = [75, 47, .] Show how you can analyze the test achievement in terms of finding the minimum, maximum, and average marks, as well as plotting the histogram for bin size of 10%.arrow_forward7. (S.15). Find the inverse A-1 of the matrix -2 -3 A = 0 2 -1 -1 -2 3arrow_forward
- 6. Find the state transition matrix (matrix exponential) of the system x' = Ax if 2 1 A = 2 -2 -2 -1arrow_forwardAn insurance company classifies drivers as low-risk if they are accident free for one year. Past records indicate that 98% of the drivers in the low- risk category (L) will remain in that category the next year, and 78% of the drivers who are not in the low-risk category (L') one year will be in the low-risk category the next year.(1) Find the transition matrix, P. (2) If 90% of the drivers in the community are in the low-risk category this year, what is the probability that a driver chosen at random from the community will be in the low-risk category the next year? The year after next?arrow_forwardIf you eat Kebsah today, there is a probability of 1/5 that you will eat it tomorrow. If you do not eat it today, there is a probability of 1/3 that you will eat it tomorrow. The meal on day-0 is known to be non-Kebsah. Set up a transition matrix; and if you do not eat Kebsah on Sunday, what is the probability that you will eat it on Monday?arrow_forward
- 12. In a certain region about 5% of a city's population moves to the surrounding suburbs each year, and about 3% of the suburban population moves into the city. In 2018, there were 2000000 residents in the city and 750000 in the suburbs. Write down a migration matrix that describes this situation and use it to estimate the expected populations in the city and in the suburbs in 2020.arrow_forwardIn certain parts s of the world, tuberculosis (TB) is present in 25% of the population. Chest X-ray used as a diagnostic tool has an accuracy of 99% detection of TB if present. Only in 0.5% of the cases, normal people get a positive diagnosis. Draw a transition chart to demonstrate the model. Obtain the transition matrix. What is the probability that a randomly chosen person tests negative? If a randomly chosen person tests positive, what is the probability that the person was disease free? Q.5 a. b. C. d.arrow_forwardThen, what does the equation, d/dt Π = MΠ means? (where M is a 4x4 transition rate matrix)arrow_forward
- Use a software program or a graphing utility with matrix capabilities to find the transition matrix from B to B'. B = {(2, 5), (1, 2)}, B' = {(2, 5), (1, 5)} Consider the following. B = {(-3, 2), (-2, 1)}, B' = {(-12, 0), (-4, 4)}, -1 [x]g' = (a) Find the transition matrix from B to B'. p-1 = (b) Find the transition matrix from B' to B. P = (c) Verify that the two transition matrices are inverses of each other. 1 Pp-1 = 1 (d) Find the coordinate matrix [x]g, given the coordinate matrix [x]g•. [x]B =arrow_forward3. A rat is put into the following maze: 3 moves. 1 2 The rat has a probability of 1/4 of starting in any compartment and suppose that the rat chooses a passageway at random when it makes a move from one compartment to another at each time. Let Xn be the compartment occupied by the rat after n (a) Explain why {X₂} is a MC and find the transition matrix P. (b) Explain why the chain is irreducible, aperiodic and positive recurrent. (c) What is the limit of Pn? Explain. (d) Find the probability that the rat is in compartment 3 after two moves. (e) In the long run, how many times that the rat enters in compartment 4 in 100 movements?arrow_forwardPlease solve and show soution for question 2arrow_forward
- Elementary Linear Algebra (MindTap Course List)AlgebraISBN:9781305658004Author:Ron LarsonPublisher:Cengage Learning