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Because of the Continued Successful Implementation of an Urban Renewal

question 137

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Because of the continued successful implementation of an urban renewal program, it is expected that each year 2% of the population currently residing in the city will move to the suburbs and 4% of the population currently residing in the suburbs will move into the city. If the initial probability distribution is ​ Because of the continued successful implementation of an urban renewal program, it is expected that each year 2% of the population currently residing in the city will move to the suburbs and 4% of the population currently residing in the suburbs will move into the city. If the initial probability distribution is ​   ​ What will be the population distribution of the city after 1 year? After 2 years? Assume that the total population of the metropolitan area remains constant. ​ A)  after 1 year: 69.8% in the city, 30.2% in the city   after 2 yr: 68.1% in the city, 31.9% in the city ​ B)  after 1 year: 69% in the city, 31% in the city   after 2 yr: 69.612% in the city, 30.388% in the city ​ C)  after 1 year: 69.8% in the city, 30.2% in the city   after 2 yr: 69.612% in the city, 30.388% in the city ​ D)  after 1 year: 69% in the city, 31% in the city   after 2 yr: 68.1% in the city, 31.9% in the city ​
What will be the population distribution of the city after 1 year? After 2 years? Assume that the total population of the metropolitan area remains constant.


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