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Solution :
The percentage of the students who have a chance of repeating their current year = 3%
The drop out students for the first year and the sophomores = 6%
Drop out rate of first year and the seniors = 4%
Now for the state space :
S = { first year(1), sophomores(2), juniors(3), seniors(4), graduates(G), Dropouts(D) }
Therefore
the first year students are indicated as '1'
Sophomores are indicated as '2'
Juniors are indicated as '3'
Seniors are indicated as '4
Graduates are indicated as 'G'
Dropouts are indicated as 'D'
The transition diagram is attached below.
The probability of the students who have the chance of repeating their current year = 3/100 = 0.03
Probability of first year dropouts and sophomores = 6/100 = 0.06
Probability of dropout rate of juniors and seniors = 4/100 = 0.04
Therefore, the probability matrix can be made as :
1 2 3 4 G D
Here, G represents 'graduates' and D represents 'Dropouts.'
