Players in a particular sports league are classified based on the amount of time they play as

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Players in a particular sports league are classified based on the amount of time they play as backups or starters. Players can also become seriously injured or they can retire from competition. Consider the following transition probability matrix.


Players in a particular sports league are classified based on


a. What state(s) are absorbing states?
b. What percentage of current starters will eventually be injured?
c. Currently a team called The Sharks has eight backups and five starters. How many of the players do you expect to end up injured?Retired?

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Quantitative Methods for Business

ISBN: 978-0840062345

12th edition

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam

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