Table 14-3 The Following Data Consists of a Matrix of Transition Probabilities

question 96

Multiple Choice

Table 14-3
The following data consists of a matrix of transition probabilities (P) of three office locations (A,B,C) within a large company and how employees shift from one location to the other from year to year.The company CEO would like to understand the movement of employees over time and the long-run proportion of employees in each location.Assume that there is always a total of 3000 employees.
A B C
P = π(0) = [1000, 1000, 1000)
-Using the data given in Table 14-3, how many employees do we expect in location B two years from now?

• A)1420
• B)1400
• C)10090
• D)820

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Definitions:

Carotid Chemoreceptors

Sensory receptors located in the carotid arteries that detect changes in blood oxygen levels, helping regulate breathing.

Baroreceptors

Sensory nerve endings located in the walls of blood vessels that detect changes in blood pressure and help regulate it.

Lymphatics

Part of the lymphatic system, involving the network of vessels, nodes, and organs responsible for transporting lymph and managing bodily fluids.

Edema

A condition characterized by an excess of watery fluid accumulating in the cavities or tissues of the body.