मराठी
तामिळनाडू बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य इयत्ता १२

Th e 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 - Business Mathematics and Statistics

Advertisements
Advertisements

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, 45% of those who already subscribe will subscribe again while 30% 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?

बेरीज

उत्तर

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

Now there are four cases,

(X, X) ⇒ those who already subscribed will subscribe again.

(X, Y) ⇒ those who already subscribed will not subscribe again.

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

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

From the problem, we can see that

(X, X) = 45% = 0.45

(X, Y) = 100 – 45 = 55% = 0.55

(Y, X) = 30% = 0.3

(Y, Y) = (100 – 30) = 70% = 0.7

The transition probability matrix is given by

\[{\begin{matrix} & \begin{matrix}X&&Y\end{matrix} \\ T=\begin{matrix}X\\Y\end{matrix} & \begin{pmatrix}0.45&0.55\\0.3&0.7\end{pmatrix}\\ \end{matrix}}\]

The values of X and Y are given as

X = 40% = 0.4

Y = (100 – 40) = 60% = 0.6

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

It is done as below

\[\begin{matrix} & \begin{matrix}X&&Y\end{matrix} \\  & \begin{pmatrix}0.4&0.6\end{pmatrix}\\&&& \end{matrix} \begin{matrix} & \begin{matrix}X&&Y\end{matrix} \\ \begin{matrix}X\\Y\end{matrix} & \begin{pmatrix}0.45&0.55\\0.3&0.7\end{pmatrix}\\ \end{matrix}\]

= (0.4 × 0.45 + 0.6 × 0.3,   0.4 × 0.55 + 0.6 × 0.7)

= (0.18 + 0.18, 0.22 + 0.42)

= (036, 0.64)

= `(("X", "Y"),(036, 0.64))`

That is X = 36% and Y = 64%

Thus 36% of those receiving the current letter can be expected to order a subscription.

shaalaa.com
Transition Probability Matrices
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Applications of Matrices and Determinants - Exercise 1.3 [पृष्ठ २०]

APPEARS IN

सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
पाठ 1 Applications of Matrices and Determinants
Exercise 1.3 | Q 1 | पृष्ठ २०

संबंधित प्रश्‍न

A new transit system has just gone into operation in Chennai. Of those who use the transit system this year, 30% will switch over to using metro train next year and 70% will continue to use the transit system. Of those who use metro train this year, 70% will continue to use metro train next year and 30% will switch over to the transit system. Suppose the population of Chennai city remains constant and that 60% of the commuters use the transit system and 40% of the commuters use metro train next year.

What percent of commuters will be using the transit system year after the next year?


A new transit system has just gone into operation in Chennai. Of those who use the transit system this year, 30% will switch over to using metro train next year and 70% will continue to use the transit system. Of those who use metro train this year, 70% will continue to use metro train next year and 30% will switch over to the transit system. Suppose the population of Chennai city remains constant and that 60% of the commuters use the transit system and 40% of the commuters use metro train next year.

What percent of commuters will be using the transit system in the long run?


Two types of soaps A and B are in the market. Their present market shares are 15% for A and 85% for B. Of those who bought A the previous year, 65% continue to buy it again while 35% switch over to B. Of those who bought B the previous year, 55% buy it again and 45% switch over to A. Find their market shares after one year and when is the equilibrium reached?


Two products A and B currently share the market with shares 50% and 50% each respectively. Each week some brand switching takes place. Of those who bought A the previous week, 60% buy it again whereas 40% switch over to B. Of those who bought B the previous week, 80% buy it again where as 20% switch over to A. Find their shares after one week and after two weeks. If the price war continues, when is the equilibrium reached?


Choose the correct alternative:

If \[{\begin{matrix} & \begin{matrix}A&&B\end{matrix} \\ T = \begin{matrix}A\\B\end{matrix} & \begin{pmatrix}0.4&0.6\\0.2&0.8\end{pmatrix}\\ \end{matrix}}\] is a transition probability matrix, then at equilibriuium A is equal to


Choose the correct alternative:

If \[{\begin{matrix} & \begin{matrix}A&&B\end{matrix} \\ T = \begin{matrix}A\\B\end{matrix} & \begin{pmatrix}0.7&0.3\\0.6&x\end{pmatrix}\\ \end{matrix}}\] is a transition probability matrix, then the value of x is


Choose the correct alternative:

In a transition probability matrix, all the entries are greater than or equal to


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?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×