Exercise 5.3.13

Answers

Considering the three states, large, intermediate-sized, and small car owners, the matrix is

(0.70.1 0 0.3 0.7 0.1 0 0.20.9 )

and the initial vector is

P = (0.4 0.2 0.4 ).

So the vector in 1995 would be

A2P = (0.24 0.34 0.42 ).

And the matrix A is regular. So we may just find the fixed vector

(0.1 0.3 0.6 ).
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2011-06-27 00:00
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