8. In a study on cigarette use, researchers determined that 70% of people who self declared as smokers on a given year,
Posted: Wed May 11, 2022 5:32 pm
8. In a study on cigarette use, researchers determined that 70% of people who self declared as smokers on a given year, will continue smoking the next year, whereas 92% of people who said they were non smokers will still be non smokers the following year. a. Find a transition matrix P associated with this situation. b. If, on a given year, researchers identified 40% of smokers, determine the proportion of smokers in 3 years. c. Find a steady-state vector associated with the matrix P found in part (a). Your answer should be given using fractions.