Homogenous transition probability matrix
A homogenous transition probability matrix is given below. Find the steady state probabilities of state.
States 1 2 3 4
1 0.4 0.3 0.2 0.1
2 0.3 0.3 0.2 0.2
3 0.1 0.4 0.3 0.2
4 0.1 0.4 0.4 0.1
How would your answer change if P11 = 1.0
Expected delivery within 24 Hours
The average flight from point A to point B takes 100 minutes with a standard deviation of 10 minutes.
A company has 1,250 employees, and you want to take a simple random sample of n = 60 employees. Explain how you would go about selecting this sample by using the table of random numbers. Are there numbers that you cannot use? Explain.
A toll bridge charges $1.00 for passenger cars and $2.50 for other vehicles. Suppose that during daytime hours, 60% of all vehicles are passenger cars. If 1000 vehicles cross the bridge that afternoon, what is the expected toll revenue?
For the following, decide whether the Binomial or Hypergeometric distribution is the most appropriate model. Give a brief description of your reasoning.
The average age of Amtrak passenger train cars is 19.4 years. If the distribution of ages is normal and 24% of the cars are olderthan 21.1 years, find the standard deviation.
Assuming this to be a simple random sample of U.S. adults, construct and interpret the 95% and 99% confidence intervals for the proportion of U.S. adults who consider lounging at the beach to be their dream vacation.
A division within a transportation company is responsible for performing maintenance on the fleet of trucks used by the company. Trucks in need of repair arrive to the maintenance division according to a Poisson process having a rate of 0.3 trucks
Suppose we obtained data on vein size after application of a nitroglycerin ointment in a sample of 50 patients. The mean vein size is found to be 7.8mm with an SD of 2.1.
1954791
Questions Asked
3,689
Active Tutors
1460603
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Which of these is part of the judicial branch? Need Assignment Help? the president the Department of Defense Congress the Supreme Court
1. What are the contents available on the Greenpeace Philippines website? 2. What is the agenda or purpose of Greenpeace in general?
One of the most essential reasons for Vollmer's policing innovations to remove politics from policing was because of the large-scale corruption
Government: Is there a way to make Congress live within its means and stop wasteful spending? Business: Federal spending can support businesses,
Evaluate the role and importance of the media in American campaigns and elections. Does the current state of the American media landscape
Describe the impact of a presidential declaration of a disaster in the U.S. regarding an organization's ability to initiate NIMS and ICS protocols.
What three of the following are key players in the OT&E process: The Joint Interoperability Test Command (JITC), The Director Operational Test and Evaluation