14-8 Ray Cahnman is the proud owner of a 1955 sports car. On any given day, Ray never knows whether his car will start. Ninety percent of the time it will start if it started the previous morning, and 70% of the time it will not start if it did not start the previous morning.

(a) Construct the matrix of transition probabilities.

(b) What is the probability that it will start tomorrow if it started today?

(c) What is the probability that it will start tomorrow if it did not start today

REF Quantitative Analysis for Management (12th Edition) 12th Edition by Barry Render (Author), Ralph M. Stair Jr. (Author), Michael E. Hanna (Author), Trevor S. Hale (Author)

Please answer the question with excel or QM and explain step by step how you input the data into windows QM or Excel QM to solve.

Answer rating: 100% (QA)

a P09 01 03 07 Where P109probability that the car will start ... View the full answer