Answered: Make a table and matrix of transition…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 27PPS

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There are X-Mart and Y-Mart convenience stores. It is assumed that each customer purchases once a week at one of the two supermarkets (but not both). In a study, a sample of 100 buyers was taken for 10 weeks. From this research it is known that if buyers go to X-mart store one week, 85 people will still buy at X-mart store the following week and if buyers go to Y-mart store one week, 70 people will still buy at Y-mart store. mart the following week.

1. Make a table and matrix of transition probabilities.

2. If John purchases at X-mart in the first week, what is the probability that Bob purchases at X-store in the third and fourth weeks?

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