TOPIC: MARKOV CHAINS In a sample of 400 Internet subscribers taken in late 2000, 80% were connected by telephone, and the rest via cable modem. the rest via cable modem. At the end of 2001, the number of subscribers who switched from telephone to cable modem connection was 110; and the number of subscribers who switched from telephone to cable modem connection was 110. modem connection was 110; and the number of subscribers switching from cable modem to telephone connection was 24. C) What proportion of subscribers will each system have in the long term?

Q: The director of computer technology in Emerson School District wants to gather information about the…

A: a) The given research can be classified as Qualitative as it considers an in-depth analysis of…

Q: Based on these data, is there a relationship between the incentive and performance, using a = .05?

A: In this scenario, it is appropriate to the Chi-Square test of Independence (association).…

Q: ) What is the probability that 6 nonvoters have a family income of less than $30,000?  b.) What is…

A:

Q: Cable TV choices: A telecommunications company provided its cable TV subscribers with free access to…

A: The question is about hypothesis testing.Given :Sample no. of television viewers ( n ) = 385No. of…

Q: A fast food company is offering a prize promotion game. The company claims that in 0.5 % 0.5% of all…

A: Given information: The information regarding the offers of prize promotion game is given.

Q: A telecommunications company provided its cable TV subscribers with free access to a new sports…

A:

Q: Suppose

A:

Q: Solve the problem. Suppose that demographic studies show that each year about 6% of a city's…

A:

Q: 2. A stock market analyst examined the performance of the shares of a large number of corporations.…

A: Empirical Probability : A probability space in which each simple event has an equal probability is…

Q: There are three major companies who manufacture gaming consoles. The table below shows that market…

A: Given:

Q: shopper is randomly chosen. Complete parts (a) through (d) below Find the probability that the…

A: Solution  Given That ,  Shoppers at Pageturner's Bookstore are tracked, with the following results…

Q: At a certain college, 32% of the students are majoring in engineering, and 55% of the students are…

A: The percentage of students in engineering (major) is 32%. The percentage of female students is 55%.…

Q: In a small town there are 10,000 homes. When it comes to television viewing, the residents have…

A: The current distribution with cable = 5000 homesThe distribution with satellite = 3000 homesThe…

Q: A rental car company offers three types of vehicles (compact, mid-size, and full-size).Based on…

A: Given:Percentage of customers choose a compact vehicle = 35%Percentage of customers choose a…

Q: A researcher wanted to study the tendency of people’s choices to be influenced by their environment,…

A: Given :

Q: Researchers Kaitlin Woolley and Ayelet Fishbach (2019) told participants that they were…

A: Given Information: n=200, 107 females, M=23.57, SD=8.80

Q: Researchers were interested in how social situations can influence stress-induced eating. They…

A: Given information: It is given that the researchers were interested in how social situations can…

Q: My neighborhood has a lot of dogs.  In fact, when I walk my dog, Wrigley, only 2% of the time do we…

A: Given that ,  when he walk my dog, Wrigley, only 2% of the time do we not see any other dogs.  Gary…

Q: Scenario: Researchers were interested in how social situations can influence stress-induced eating.…

A: Given information: Problem: How social situations can influence stress-induced eating. No. of…

Q: 2.  A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The…

A: The question is about expected value of discrete probability distributionGiven :Total amount of…

Q: The Women’s Institutional Studies group at a Midwestern university wanted to compare the percentages…

A: From the provided information,

Q: How many separate/distinct groups of participants are needed if they want to conduct this experiment…

A: Given: the coffee company, wants to determine how long caffeine lasts throughout the day when…

Q: Student Survey In a survey of  college students, it was found that of three newspapers, the Wall…

A:

Q: A man buys a racehorse for $25,000 and enters it in two races. He plans to sell the horse​…

A: Given Information: A man buys a racehorse for $25,000 and enters it in two races. If the horse wins…

Forecasting in Business

Forecasting is the process of predicting the future based on the past and the present data and circumstances. In other words, forecasting is the act of making a detailed analysis of future events based on the decisions made in the past as well as the present. Forecasting plays a very important role in operational management as it helps in planning and decision-making. It is not only important for the success of a business but also contributes to individual growth and success. Many business organizations or companies have failed due to the shortcomings of their forecasting.