Alfa Beta Alfa 3/4 Beta NK ½

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Central theme: Markov chains
A supermarket chain sells Alfa and Beta brand bread. Currently, Alfa has 50% of the chain's daily bread sales.
of the chain's daily bread sales. To increase sales, Alfa launches a new advertising campaign. The bakery
believes that the change in bread sales in the chain will be based on the transition matrix:

A) In the long run, by what percentage can alpha expect to increase its current sales in the chain? Assume
that total daily sales of bread remain constant.

Alfa
Beta
Alfa
34
½
Beta
14
½
Transcribed Image Text:Alfa Beta Alfa 34 ½ Beta 14 ½
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