Question: Consider a four - year program. Suppose the probability of leaving ( forever ) after Year 1 is 1 4 % , after Year 2
Consider a fouryear program. Suppose the probability of leaving forever after Year is after Year is and after Year is The probability of repeating any year is
Based on this description, fill in the missing entries for the transition matrix below. Assume there are no other possibilities, like skipping a year, leaving and coming back, etc.
from Year : Year : Year : Year : Graduation: Left program: to Year : Answer Question
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Year : Answer Question
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Year : Answer Question
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Year : Answer Question
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Graduation: Answer Question
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Left program: Answer Question
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What is the probability as a decimal between and that a typical student graduates from the program after the expected four years? Answer Question
Suppose there are currently Year students, Year students, Year students, and Year students. To the nearest whole number, how many students are expected to have graduated within the next four years? Answer Question
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