a) A study has determined that the occupation of a boy as an adult, depends upon the occupation of his father and is given by the following transition matrix, where P = professional, F = farmer, and L = laborer Father's occupation L P F 0.2] P [0.8 0.3 Son's occupation F 0.1 0.5 L [0.1 0.2 0.6] 0.2 Thus the probability that son of a professional will also be a professional is 0.8 and so on. i) What is probability that the grandchild of a professional will be a farmer? ii) In the long run, what proportions of the population will be former?

A First Course in Probability (10th Edition)
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Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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a) A study has determined that the occupation of a boy as an adult, depends upon
the occupation of his father and is given by the following transition matrix, where
P = professional, F = farmer, and L = laborer
Father's occupation
P F
P [0.8
0.3
0.2]
Son's
F
0.1
0.5
0.2
оссираtion
L 0.1
0.2
0.6
Thus the probability that son of a professional will also be a professional is 0.8 and
so on.
i)
What is probability that the grandchild of a professional will be a farmer?
ii)
In the long run, what proportions of the population will be former?
Transcribed Image Text:a) A study has determined that the occupation of a boy as an adult, depends upon the occupation of his father and is given by the following transition matrix, where P = professional, F = farmer, and L = laborer Father's occupation P F P [0.8 0.3 0.2] Son's F 0.1 0.5 0.2 оссираtion L 0.1 0.2 0.6 Thus the probability that son of a professional will also be a professional is 0.8 and so on. i) What is probability that the grandchild of a professional will be a farmer? ii) In the long run, what proportions of the population will be former?
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