Real Cheap Car Rental Agency operates agencies in two cities, city 1 and city 2. The fractions of the number of cars rented in one city and returned in the same city or to the other city are given in the following transition matrix: City at which Car is returned 1 2 City at which car is rented ! [0.65 0.35] 2 lo.60 0.40] What is the probability that a car rented will be returned to each city after one day? In two days? In three days?
Real Cheap Car Rental Agency operates agencies in two cities, city 1 and city 2. The fractions of the number of cars rented in one city and returned in the same city or to the other city are given in the following transition matrix: City at which Car is returned 1 2 City at which car is rented ! [0.65 0.35] 2 lo.60 0.40] What is the probability that a car rented will be returned to each city after one day? In two days? In three days?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![Real Cheap Car Rental Agency operates agencies in two cities, city 1 and
city 2. The fractions of the number of cars rented in one city and returned
in the same city or to the other city are given in the following transition
matrix:
City at which
Car is returned
2
1
City at which car is rented ! [0.65 0.35]
2 l0.60 0.40
1
What is the probability that a car rented will be returned to each city
after one day? In two days? In three days?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff598c3c6-573c-4854-8974-5c2b13ae1b00%2F70e94c56-1ab3-429d-bf00-d6ddd52d7bb5%2Flp23ba_processed.png&w=3840&q=75)
Transcribed Image Text:Real Cheap Car Rental Agency operates agencies in two cities, city 1 and
city 2. The fractions of the number of cars rented in one city and returned
in the same city or to the other city are given in the following transition
matrix:
City at which
Car is returned
2
1
City at which car is rented ! [0.65 0.35]
2 l0.60 0.40
1
What is the probability that a car rented will be returned to each city
after one day? In two days? In three days?
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