Mathematics, 02.04.2021 23:40 luje
A cell phone provider classifies its customers as Low users (less than 400 minutesper month) or High users (400 or more minutes per month). Studies have shownthat 80% of the people who were Low users one month will be Low users the nextmonth, and that 70% of the people who were High users one month will be Highusers the next month.
(a) Set up the 2x2 stochastic matrix with columns and rows labeled L and H that displays these transitions
(b) Suppose that, during the month of January, 50% of the customers were Low users. What percent of the customers will be Low users in February? In March? (Type an integer or decimal for each matrix element.)
Answers: 2
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A cell phone provider classifies its customers as Low users (less than 400 minutesper month) or High...
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