Participants Eligible for a Retraining Program Can Be in One

question 11

Essay

Participants eligible for a retraining program can be in one of four states:
A - not in the training program
B - discharged
C - in training
D - employed
Given the following transition matrix, determine the fundamental matrix. $$\begin{array} { r r r r r } & \mathrm { A } &{ \text { B } } & \text { C } & \text { D } \\\hline \mathrm { A } & .1 & .6 & .3 & 0 \\\mathrm {~B} & 0 & 1.0 & 0 & 0 \\\mathrm { C } & .2 & .2 & .5 & .1 \\\mathrm { D } & 0 & 0 & 0 & 1.0\end{array}$$

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Definitions:

Invitee

A person who is invited onto a property for the benefit of the property owner or occupier, leading to a higher duty of care.

Tort Reform

A legal process aiming to reduce litigation or damages that plaintiffs can receive, often in an effort to reduce frivolous lawsuits.

Cap Monetary Damages

The practice of setting a maximum limit on the amount of money that can be awarded to a plaintiff in a lawsuit for damages.

Civil Cases

Legal disputes between two or more parties wherein compensation or specific performance is sought rather than criminal sanctions.