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The subscription department of a magazine sends out a letter to a large mailing list inviting subscriptions for the magazine. Some of the people receiving this letter already - Business Mathematics and Statistics

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प्रश्न

The subscription department of a magazine sends out a letter to a large mailing list inviting subscriptions for the magazine. Some of the people receiving this letter already subscribe to the magazine while others do not. From this mailing list, 60% of those who already subscribe will subscribe again while 25% of those who do not now subscribe will subscribe. On the last letter it was found that 40% of those receiving it ordered a subscription. What percent of those receiving the current letter can be expected to order a subscription?

योग

उत्तर

Let X represent people who subscribe for the magazine and Y represent people who do not subscribe for the magazine. Then

(X X) ⇒ those who already subscribed will do it again.

(X Y) ⇒ those who already subscribed will not do it again.

(Y X) ⇒ those who have not subscribed will do it now.

(Y Y) ⇒ those who have not subscribed already will not do it now also.

From the question,

(X X) = 60% = `60/100` = 0.6

(Y Y) = 1 – 0.6 = 0.4

(Y X) = 25% = `25/100` = 0.25

(Y Y) = 1 – 0.25 = 0.75

The current position is given By X = 40% and Y = 60%

`(("X", "Y"),(0.4, 0.6))`

The transition probability matrix is given by \[{\begin{matrix} & \begin{matrix}\text{X}&&\text{Y}\end{matrix} \\ T=\begin{matrix}\text{X}\\\text{Y}\end{matrix} & \begin{pmatrix}0.6&0.4\\0.25&0.75\end{pmatrix}\\ \end{matrix}}\]

We have to predict the value of X and Y after the current letter is sent.

\[\begin{matrix} & \begin{matrix}\text{X}&&\text{Y}\end{matrix} \\  & \begin{pmatrix}0.4&0.6\end{pmatrix}\\&&& \end{matrix} \begin{matrix}\phantom{..} \begin{matrix}\text{X}&&\text{Y}\end{matrix} \\ \begin{matrix}\text{X}\\\text{Y}\end{matrix}  \begin{pmatrix}0.6&0.4\\0.25&0.75\end{pmatrix}\\ \end{matrix}\]

`(("X","Y"),(0.24 + 0.15, 0.16 + 0.45)) = ((0.39, 0.61))`

i.e., X = 0.39 = `0.39/100 xx 100` = 39%

Y = 0.61 = `0.61/100 xx 100` = 61%

Thus 39% of those receiving the current letter can be expected to order a subscription.

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Transition Probability Matrices
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Applications of Matrices and Determinants - Miscellaneous problems [पृष्ठ २३]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 1 Applications of Matrices and Determinants
Miscellaneous problems | Q 10 | पृष्ठ २३

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