COLLEGE GRADUATION RATE: The registrar of Computronics Institute has compiled the following statistics on the progress of the school's students in the 2-year computer programming course leading to an associate degree: Of beginning students in a particular year. 80% successfully complete their first year of study and move on to the second year. whereas 20% drop out of the program: of second-year students in a particular year, 90% go on to graduate at the end of the year. whereas 10% drop out of the program.
a. Construct the transition matrix associated with this Markov process.
b. Compute the steady-state matrix.
c. Determine the probability that a beginning student enrolled in the program will complete the course successfully.

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Chapter 9 Solutions
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