Ray Cahnman is the proud owner of a 1955 sports car. On any given day, Ray never knows whether his car will start. Ninety percent of the time it would start if it started the previous morning, and 70% of the time it will not start if it did not start the previous morning. Construct the matrix of transition probabilities. What is the probability that it would start tomorrow if it started today? What is the probability that it will start tomorrow if it did not start today?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Ray Cahnman is the proud owner of a 1955 sports car. On any given day, Ray never knows whether his car will start. Ninety percent of the time it would start if it started the previous morning, and 70% of the time it will not start if it did not start the previous morning.
- Construct the matrix of transition probabilities.
- What is the
probability that it would start tomorrow if it started today? - What is the probability that it will start tomorrow if it did not start today?
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