Problem

In a survey, it was found that 69% of the population of a certain urban area lived in single-family dwellings and 31% in multiple housing. Five years later, of those who had been living in single-family dwellings, 86% still did so, but 14% had moved to multiple-family dwellings. Of those in multiple housing, 95% were still living in that type of housing. while 5% had moved to single-family housing. Assume that these trends continue. Answer parts (a) through (f).
(a) Fill in the appropriate transition matrix for this information.
single multiple
 multiple housing [0.860.140.050.95]
(Type an integer or decimal for each matrix element.)
(b) Find the probability vector for the initial distribution of housing
x0=
(Type an integer or decimal for each matrix element.)

Answer

Expert–verified
Hide Steps
Answer

Thus, the transition matrix is [0.860.14 0.050.95] and the initial distribution of housing is x0=[0.69,0.31].

Steps

Step 1 :Given that 69% of the population lived in single-family dwellings and 31% in multiple housing, we can represent this as an initial distribution vector x0=[0.69,0.31].

Step 2 :Also, we know that of those who had been living in single-family dwellings, 86% still did so, but 14% had moved to multiple-family dwellings. Of those in multiple housing, 95% were still living in that type of housing, while 5% had moved to single-family housing. This can be represented as a transition matrix T=[[0.86,0.14],[0.05,0.95]].

Step 3 :Thus, the transition matrix is [0.860.14 0.050.95] and the initial distribution of housing is x0=[0.69,0.31].

link_gpt