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Mathematics, 25.04.2020 16:07 bluevibe

The city of Oakland is experiencing a movement of its population to the suburbs. At present 85% of the total population lives in the city and 15% of the population lives in the suburbs. Each year 7% of the city people move to the suburbs, while only 1% of the suburb people move back to the city. (a) Write a transition matrix for this information. (b) Write a probability vector for this information. (c) What percent of the population can be expected to be in each category after one year?

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