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0.35& 0.12 0.65& 0.88
| From | |||
|---|---|---|---|
| CD | DAP | ||
| To | CD | 35 % | 12 % |
| DAP | 65 % | 88 % | |
We can write a transition matrix corresponding to this table. Let's use probabilities instead of percentages in the matrix. 0.35& 0.12 0.65& 0.88
c s
Let's calculate and interpret the product matrix.
0.35& 0.12 0.65& 0.88
c d =
0.35c+0.12d 0.65c+0.88d
In this part of the question, we are given the number of people who currently use CD players and digital audio players. c&=7748 d&=17 252 We are asked to predict the player ownership next year. According to our interpretation of the product above, this can be done by calculating the following product matrix. 0.35& 0.12 0.65& 0.88 7748 17 252 Let's evaluate the product.
Multiply matrices
Multiply
Add terms
Since the second element of the result corresponds to the people who use digital audio players, according to this trend there will be about 20 218 people in Central City who use digital audio players next year.
0.35& 0.12 0.65& 0.88
c d =
7748 17 252
A matrix equation like this can be solved using the inverse matrix.
Substitute values
Multiply matrices
Multiply
Add terms
Multiply matrix by 1/0.23
Since the second element of the result corresponds to the people who use digital audio players, according to this trend there were about 4357 people in Central City who used digital audio players last year.