Question

Rema ning time: 118:18 (mn:sec) Problem 2. 2 pDints Consumers in Shelbyv lle have a choce o one aft ofast food restaurants. Krusty's and McDonalds Both have trouble keeping custom ens fthose who as went to Krusty's 5 % wil goto McDonald's next time, and o those w a st went to McDonald's 82% w,, 82% wil go to Krusty's next time (a) Find the transion malrix descrièing this situation (assume hat state 1 is "Krusty's' arnd slate 2 is McDonald's'. (b) A customer goes aut for fast food every Sunday, and just went to Krusty's. i) What is the probability that two Sundays from now she ll gota MeDanals? (lWhat is the probability that three Sundays from now she will go to McDonalds? (c) Suppose a consumer asjust moved to Shelbyville, and there is a 39% chance that he will go to Kristy's for his first fast food outing. What is the pro ability that nis third fast food experience will be at Krstys? id) Find the stoady-state probability vector. (Enter numbers that are accurate to at least 4 decimal places.) Note: You can earn partiai credit on this probiern prevics answers

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Answer 1

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