Question: Module 10 q2 Please answer all in BOLD. Will UPVOTE. The purchase patterns for two brands of toothpaste can be expressed as a Markov process

Module 10 q2 Module 10 q2 Please answer all in BOLD. Will Please answer all in BOLD. Will UPVOTE.

The purchase patterns for two brands of toothpaste can be expressed as a Markov process with the following transition probabilities: To From Special B MDA Special B 0.90 0.10 MDA 0.02 0.98 (a) Which brand appears to have the most loyal customers? Explain. -Select- has the most loyal customers because % stay with them and only opposed to --Select-- where only % stay with them and % switch. % switch to the other brand, as (b) What are the projected market shares for the two brands? Special B 1 Th2 MDA

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