This may be modelled by a markov chain with transition matrix 0.8 * 0.65| By determining the missing entries in the matrix find the likelihood that the weather is raining 2 days from now if it is currently clear.

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A clothing company changes its sales depending on if the weather is clear or raining.
A weather forecasting company has told them that if it is clear today, it is 80% likely it will be clear tomorrow.
However, if it is raining today, it is 65% likely to be raining tomorrow.
This may be modelled by a markov chain with transition matrix
0.8
*
0.65
By determining the missing entries in the matrix find the likelihood that the weather is raining 2 days from now if it is currently clear.
Enter as a percentage, accurate to the nearest percent. Do not enter the percent symbol.
Transcribed Image Text:A clothing company changes its sales depending on if the weather is clear or raining. A weather forecasting company has told them that if it is clear today, it is 80% likely it will be clear tomorrow. However, if it is raining today, it is 65% likely to be raining tomorrow. This may be modelled by a markov chain with transition matrix 0.8 * 0.65 By determining the missing entries in the matrix find the likelihood that the weather is raining 2 days from now if it is currently clear. Enter as a percentage, accurate to the nearest percent. Do not enter the percent symbol.
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Let the states be C and R denoting that it is clear or raining today respectively.

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