Question: Please show calculations so I can see how to do it .02 Introductory Mathematical Economics F21 Hong Li / Graded Assignment 4A Assignment 4A Remaining

Please show calculations so I can see how to do it

.02 Introductory Mathematical Economics F21 Hong Li / Graded Assignment 4A Assignment 4A Remaining Time: 06:43:33 tion 4 The flow of people from one place to another over the course of one year can be described by a transition matrix like the following: ( : 2 3 ) This matrix shows that 90 percent of the people currently in the first region (call it Guelph) stay there, while 10 percent of them move to the second region (call it Waterloo). Similarly, 30 percent of people in Waterloo stay, and 70 percent move to Guelph. If the number of people in Guelph at the start of the year is 9 thousand, and the number of thousand people in Waterloo at the start of the year is 20, how many people are in each region at the end of the year? (Answers may be decimal numbers. Do not round.) Guelph = Number thousand people Waterloo Number thousand people Submit Assignment | Quit & Save Back Question Menu - oud/modules/unproctoredTest. QuestionSheet?currPage=3&testld=8894&actionID=next NOV 30 13
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