Three Airlines Compete on the Route Between New York and Los

question 4

Essay

Three airlines compete on the route between New York and Los Angeles.Stanton Marketing has performed an analysis of first class business travelers to determine their airline choice.Stanton has modeled this choice as a Markov process and has determined the following transition probabilities.

a.Show the random number assignments that can be used to simulate the first class business traveler's next airline when her last airline is A,B,and C.
b.Assume the traveler used airline C last.Simulate which airline the traveler will be using over her next 25 flights.What percent of her flights are on each of the three airlines? Use the following random numbers,going from left to right,top to bottom.

SOLUTIONS TO PROBLEMS

Understand the definitions and characteristics of nonexperimental and experimental research methods.

Recognize the elements of inferences of cause and effect, including temporal precedence, covariation, and elimination of other causes.

Differentiate between dependent, independent, situational, and confounding variables.

Comprehend the concepts of internal, external, and construct validity in relation to research methodology.

---

Definitions:

Sediment

Particulate organic and inorganic material that settles at the bottom of a liquid, often transported by water, wind, or ice.

Discharge

The flow rate of water from a given source, such as a river or aquifer, typically measured in volume per unit time.

Low-Gradient Stream

A stream with a gentle slope that typically has slower water velocity and can form wide meanders, floodplains, and deposits of sediments along its course.

Erosion

the process by which natural forces, like water or wind, remove soil, rock, or dissolved material from one location and transport it to another.