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
Definitions:
Metabolic Rate
The rate at which the body burns calories to produce energy.
Growth Hormone
A substance secreted by the pituitary gland responsible for promoting growth, the creation of new cells, and the repair of existing cells in humans and various animals.
Gate-Control Theory
a theory proposing that the perception of pain is not a direct result of activation of pain receptor neurons, but rather its gate can be closed by signals from the brain.
Large-Fiber Activity
The involvement or action of myelinated nerve fibers that are responsible for transmitting fast and sharp pain signals.
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