Find the distribution of the market in the long run or the

Assignment Help Basic Statistics

You have to use Matlab(or just explain the steps) to calculate these problems and submit it with your answer

Suppose that General Motors(GM), Ford(F), and Chrysler(C) each introduce a new hybrid vehicle.

1.1 General Motors keeps 85% of its customers but loses 10% to Ford and 5% to Chrysler

1.2 Ford keeps 80% of its customers but loses 10% to General motors and 10% to Chrysler

1.3 Chrysler keeps 60% of its customers but loses 25% to General Motors and 15% to Ford

Find the distribution of the market in the long run or the steady state vector.

During a one-hour trip a small boat travels 800 km north : during a one-hour trip a small boat travels 80.0 km north and then travels 60.0 km east. what is the boats average

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Find the distribution of the market in the long run or the : you have to use matlabor just explain the steps to calculate these problems and submit it with your answersuppose that

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