Multiple Choice
XYZ Inc. hires only retired people for its greeter's job. They always start on January 1 and are considered for promotion every January 1st thereafter. On every January 1st, any existing greeter (state G) - those who were greeters last year- may be retired (state R) , may be dead (sate D) , may continue as a greeter (state G) , or may be promoted as greeter -in-chief (state GIC) . Persons in state GIC may continue in it or move to states or in one year. The table below is the transition matrix; use 1 year as the transition time. The number of transient and absorbing states in this matrix is:
A) 2 and 4
B) 2 and 2
C) 4 and 2
D) 4 and 4
Correct Answer:

Verified
Correct Answer:
Verified
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