1. 1050 employees work in an office complex. On any given day, some employees report to...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1. 1050 employees work in an office complex. On any given day, some employees report to work and the rest are absent. Management knows that if an employee is present today, there is a 77% chance that he will report to work tomorrow. It is also known that if an employee is absent today, there is a 52% probability that he will be absent tomorrow. Suppose 760 employees showed up for work today. Assume that the state vector has the number of employees present as the first component and the number of absent employees as the second component. a) Find the transition matrix of this process. b) Predict the number of employees present in the office complex within 5 days. c) What the distribution of assistance should look like after a long amount of time. 1. 1050 employees work in an office complex. On any given day, some employees report to work and the rest are absent. Management knows that if an employee is present today, there is a 77% chance that he will report to work tomorrow. It is also known that if an employee is absent today, there is a 52% probability that he will be absent tomorrow. Suppose 760 employees showed up for work today. Assume that the state vector has the number of employees present as the first component and the number of absent employees as the second component. a) Find the transition matrix of this process. b) Predict the number of employees present in the office complex within 5 days. c) What the distribution of assistance should look like after a long amount of time.
Expert Answer:
Answer rating: 100% (QA)
Answer Solution In an office complex of 1050 employees on any ... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Suppose that on any given day the annualized continuously compounded stock return has a volatility of either 15%, with a probability of 80%, or 30%, with a probability of 20%. This is a mixture of...
-
The weather on any given day can either be sunny, cloudy, or partially cloudy. Each day is also classified as dry or rainy. The probability of a sunny day is 0.48, and the probability of a cloudy day...
-
Transition matrix B, initial probability vector [0.6 0.4]. Use the given transition matrix and the initial probability vector to find the second probability vector (two steps after the initial...
-
In Problems 1158, perform the indicated operation, and write each expression in the standard form a + bi. 3i(-3 + 4i)
-
Can we infer that government workers and private-sector workers differ in the amount of education (EDUC)?
-
a. One airline has six across seating in coach. If seats are assigned randomly, what is the probability that a person will be stuck in a middle seat? b. Another airline has five across seating. If...
-
The ages (in completed years) of the youngest leaders at the time of assuming office Find the mean, the median, and the mode of the data, if possible. If any measure cannot be found or does not...
-
Mandy Arnold opened a law office, Mandy Arnold, Attorney at Law, on July 1, 2014. On July 31, the balance sheet showed Cash $4,000, Accounts Receivable $1,500, Supplies $500, Equipment $5,000,...
-
A parallel-plate capacitor is to be constructed by using, as a dielectric, rubber with a dielectric constant of 3.20 and a dielectric strength of 15.0 MV/m. The capacitor is to have a capacitance of...
-
Which types of advisory services can be classified as a "pair of hands" role where you closely follow the clients instructions and are paid for effort?
-
Let D be the daily demand for cheese pies at a small bakery, assume we have the following information P(D=0) = 0.1 P(D=1) = 0.3 P(D=2) = 0.2 P(D=3) = 0.2 P(D=4) = 0.2 If any pies are left at the end...
-
What is tax planning? define its impacts and how it was implimented?
-
family business Green Grass decreasing profits a) What are the opportunities related to fraud you have observed? Do you think the fraud occurred in this business? or just owner's skepticism? b) Have...
-
Organizations are moving increasingly global. To what extent are the individual workers, work groups, and organizational leadership (i.e., the field of OB) important for firm success in this global...
-
A clause in many insurance policies require the business owner to carry at least 80% (percentage may vary) of the replacement cost or actual cost of the building. This clause is known as what? define...
-
Prepare an incremental analysis to determine the financial effect of dropping product B. Your analysis should include changes in revenues, changes in variable and fixed costs, and the resulting...
-
A mass of mi = 3.1 kq is attached to a string of k=1 a mass of M2 = 11,9 kq is on a rough surface at and 0=36 they are connected by a string going through a Pulles of M=9.2k9 and radius R=2,5m a)...
-
Activator rod AB exerts on crank BCD a force P directed along line AB. Knowing that P must have a 100-N component perpendicular to arm BC of the crank, determine (a) The magnitude of the force P, (b)...
-
A filling station is supplied with gasoline once a week. If its weekly volume of sales in thousands of gallons is a random variable with probability density function what must the capacity of the...
-
Show that f (x, y) = 1/x, 0 < y < x < 1, is a joint density function. Assuming that f is the joint density function of X,Y, find (a) The marginal density of Y; (b) The marginal density of X; (c)...
-
With probability .6, the present was hidden by mom; with probability .4, it was hidden by dad. When mom hides the present, she hides it upstairs 70 percent of the time and downstairs 30 percent of...
-
With reference to Example 2, Chapter 2, test that the mean copper content is the same for both heats. Data From Example 2 Data From Figure 3.2 EXAMPLE 2 Relation of regions in Venn diagrams to events...
-
With reference to Example 8, find a \(90 \%\) confidence interval for the difference of mean strengths of the alloys (a) using the pooled procedure; (b) using the large samples procedure. Data From...
-
With reference to part (a) of Exercise 8.33, how would you pair and then randomize for a paired test? Data From Exercise 8.33 8.33 How would you randomize, for a two sample test, in each of the...
Study smarter with the SolutionInn App