Question

A study conducted by the Urban Energy Commission in a large metropolitan area indicates the probabilities that homeowners within the area will use certain heating fuels or solar energy during the next 10 years as the major source of heat for their homes. The transition matrix representing the transition probabilities from one state to another is Elec Gas Oil Solar .70 0 Electricity Natural Gas .15 .90 20 .05 Fuel Oil Solar Energy L.10 08 .05 95 05 .02 .750 Among homeowners within the area, 20% currently use electricity 35 use natural gas 35% se oil and 10% use so are er as e aorsource of eat or her homes. What is the expected distribution of the homeowners that will be using each type of heating fuel or solar energy within the next decade? (Round your answers to two decimal places.) electricity natural gas fuel oil solar energy

Answer 1

Wle neeal to nd a vectos v o.05 2 V. 3 2

o.O2 2 2.9%- 60.83% 4 2 21V3 14/23/