Question: Items Details Redo exercise 1 9 in section 8 . 1 of your textbook, about the three types of employment in a small town, using
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Redo exercise in section of your textbook, about the three types of employment in a small town, using the following data:
tableEmploymentEmployment,Last Year,This Year,PercentageIndustryIndustry,Small Business,SelfEmployed,Small Business,Industry,Small Business,SelfEmployed,SelfEmployed,Industry,Small Business,SelfEmployed,
Assume that state is Industry, that state is Small Business, and that state is SelfEmployed.
Find the transition matrix for this Markov process.
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