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Question
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
Options
`1/4`
`1/5`
`1/6`
`1/8`
Solution
`1/4`
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Choose the correct alternative:
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Choose the correct alternative:
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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 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?
