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1 of 8 0-day streak

Set up a transition matrix

Question 1 of 8

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The following information describes subscriber reading choices from one issue to the next

The states are mentioned as read, skimmed. Use the matrix state order read, skimmed

In the matrix, each column represents the current state and each row represents the next state

Of those currently in read, 85% remain in read in the next period

Of those currently in skimmed, 82% remain in skimmed in the next period

4 marks

Construct the transition matrix in the stated order. Enter every proportion as a decimal

\(T\)