Table 14-6 The Following Data Consists of a Matrix of Transition Probabilities

question 80

Multiple Choice

Table 14-6
The following data consists of a matrix of transition probabilities (P) of four majors in the College of Business, and the initial proportion of students in each major π(0) .Assume that each state represents a major and the transition probabilities represent changes from one major to the next after taking the introductory class in each discipline.
P =

π(0) = (.4, .3, .2, .1)
-Using the data in Table 14-6, what proportion of students will major in Major 2?

• A).232
• B).207
• C).213
• D).224

---

Definitions:

United States Supreme Court

The highest court in the United States, established pursuant to Article III of the U.S. Constitution, with ultimate appellate jurisdiction over all federal and state court cases involving issues of federal law.

Federal District Court

A general trial court of the United States federal court system that deals with both civil and criminal cases.

U.S. Court of Appeals

A federal court that hears appeals from the decisions of lower courts, such as district courts, within its circuit.

General Jurisdiction

The broad authority of a court to hear virtually any type of case, without limitation to subject matter or geographic area.