A Doctor in computer engineering purchases a new computer every two years with preferences for three models; X, Y and Z. If the present model is X, the next computer may be Y with probability 0.2 or Z with probability 0.15. If the present model is Y, the probabilities of switching to X and Z are 0.6 and 0.25 respectively. And if present model is Z then, the probabilities of switching to X and Y are 0.5 and 0.1 respectively. Represent the situation as a Markov chain
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
A Doctor in computer engineering purchases a new computer every two years with preferences for three models; X, Y and Z. If the present model is X, the next computer may be Y with probability 0.2 or Z with probability 0.15. If the present model is Y, the probabilities of switching to X and Z are 0.6 and 0.25 respectively. And if present model is Z then, the probabilities of switching to X and Y are 0.5 and 0.1 respectively.
Represent the situation as a Markov chain
![](/static/compass_v2/shared-icons/check-mark.png)
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
![A First Course in Probability (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134753119/9780134753119_smallCoverImage.gif)
![A First Course in Probability](https://www.bartleby.com/isbn_cover_images/9780321794772/9780321794772_smallCoverImage.gif)
![A First Course in Probability (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134753119/9780134753119_smallCoverImage.gif)
![A First Course in Probability](https://www.bartleby.com/isbn_cover_images/9780321794772/9780321794772_smallCoverImage.gif)