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Find the Requested Long-Range Probabilities Based on the Transition Matrix [0.7270.273][0.7270 .273]

Question 199

Multiple Choice

Find the requested long-range probabilities based on the transition matrix or data given.
-At a liberal arts college, students are classified as humanities or science majors. There is a probability of 0.8 that a humanities major will change to science and of 0.3 that a science major will change to humanities. Find the long-range prediction for the proportion of students in each major.


A) [0.7270.273][0.7270 .273]
B) [0.2000.800][0.2000 .800]
C) [0.2730.727][0.2730 .727]
D) [0.1900.810]\left[\begin{array}{ll}0.190 & 0.810\end{array}\right]

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