Use 4 digits after decimal point- for example ( answer should be similar to 0.1234) What is the probability of someone originally living in the city will Move to the Suburb after 3 years?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.2: Arithmetic Sequences
Problem 52E
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The following transistor matrix for a major metropolitan areas show that individuais living within the city limits
move to the suburbs and individuals living in the suburbs move to the city during a one-year period as followe
Current period
Next period
City
Suburb
City
Suburb
0.87
P12
0.13
P22
Hint
P12=1-0.87=
P22=1-0.13=
Use 4 digits after decimal point - for example ( answer should be similar to 0.1234 )
What is the probability of someone originally living in the city will Move to the Suburb after
3 years?
Transcribed Image Text:The following transistor matrix for a major metropolitan areas show that individuais living within the city limits move to the suburbs and individuals living in the suburbs move to the city during a one-year period as followe Current period Next period City Suburb City Suburb 0.87 P12 0.13 P22 Hint P12=1-0.87= P22=1-0.13= Use 4 digits after decimal point - for example ( answer should be similar to 0.1234 ) What is the probability of someone originally living in the city will Move to the Suburb after 3 years?
The following is a Time Serles of TwoYears (2019-2020)
Seasons
Year
Sales
Q1
177
Q2
343
2019
Q3
447
231
Q1
174
364
2020
Q3
451
QA
299
Total
2409
If the Total Squared Error obtained from Moving Average method-D47,620.01.
whereas the Total Squared Erroe from Regression Method =93,354.1
This would imply that:
Moving Average forecast is the better one
Regression Forecast is the better one
Can not tell
Transcribed Image Text:The following is a Time Serles of TwoYears (2019-2020) Seasons Year Sales Q1 177 Q2 343 2019 Q3 447 231 Q1 174 364 2020 Q3 451 QA 299 Total 2409 If the Total Squared Error obtained from Moving Average method-D47,620.01. whereas the Total Squared Erroe from Regression Method =93,354.1 This would imply that: Moving Average forecast is the better one Regression Forecast is the better one Can not tell
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