Listed below are the 35 members of the Metro Toledo Automobile Dealers Association. We would like to estimate the mean revenue f
1 answer:
Answer:
Following are the solution to the given question:
Step-by-step explanation:
There will be 35 members of the Toledo Automotive Metro from such reports
The Organization of Distributors. The membership is sequentially numbered between 00 and 34.
The five traders selected a random sample as follows:
The decision should be made in 00 and 34.
In this the remaining numbers 39, 94,. . . . .67 were not chosen because it is beyond the ranges that are 00-34.
The samples contain 34, 32, 25, 13, and 19 distributors.
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Answer:
In one month, we will have 4,950 non-smokers, 2,650 smokers of one pack and 2,400 smokers of more than one pack.
In two months, we will have 4,912 non-smokers, 2,756 smokers of one pack and 2,332 smokers of more than one pack.
In a year, we will have 4,793 non-smokers, 3,005 smokers of one pack and 2,202 smokers of more than one pack.
Step-by-step explanation:
We have to write the transition matrix M for the population.
We have three states (nonsmokers, smokers of one pack and smokers of more than one pack), so we will have a 3x3 transition matrix.
We can write the transition matrix, in which the rows are the actual state and the columns are the future state.
- There is an 8% probability that a nonsmoker will begin smoking a pack or less per day, and a 2% probability that a nonsmoker will begin smoking more than a pack per day. <em>Then, the probability of staying in the same state is 90%.</em>
- For smokers who smoke a pack or less per day, there is a 10% probability of quitting and a 10% probability of increasing to more than a pack per day. <em>Then, the probability of staying in the same state is 80%.</em>
- For smokers who smoke more than a pack per day, there is an 8% probability of quitting and a 10% probability of dropping to a pack or less per day. <em>Then, the probability of staying in the same state is 82%.</em>
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The transition matrix becomes:
The actual state matrix is
We can calculate the next month state by multupling the actual state matrix and the transition matrix:
In one month, we will have 4,950 non-smokers, 2,650 smokers of one pack and 2,400 smokers of more than one pack.
To calculate the the state for the second month, we us the state of the first of the month and multiply it one time by the transition matrix:
In two months, we will have 4,912 non-smokers, 2,756 smokers of one pack and 2,332 smokers of more than one pack.
If we repeat this multiplication 12 times from the actual state (or 10 times from the two-months state), we will get the state a year from now:
In a year, we will have 4,793 non-smokers, 3,005 smokers of one pack and 2,202 smokers of more than one pack.