Question: The purchase patterns for two brands of toothpaste can be expressed as a Markov process with the following transition probabilities. ToFromSpecial BMDASpecial B 0 .

The purchase patterns for two brands of toothpaste can be expressed as a Markov process with the following transition probabilities.
ToFromSpecial BMDASpecial B0.900.10MDA0.040.96
(a)
Which brand appears to have the most loyal customers? Explain.
---Select---Special BMDA has the most loyal customers because % stay with them and only % switch to the other brand, as opposed to ---Select---Special BMDA where only % stay with them and % switch.
(b)
What are the projected market shares for the two brands? (Enter exact numbers as integers, fractions, or decimals.)
Special B1=MDA2= The purchase patterns for two brands of toothpaste can be expressed as a Markov process with the following transition probabilities.
(a) Which brand appears to have the most loyal customers? Explain.
has the most loyal customers because \% stay with them and only
\% switch to the other brand, as opposed to where only
\% stay with them and
\% switch.
(b) What are the projected market shares for the two brands? (Enter exact numbers as integers, fractions, or decimals.)
Special B \(\quad \pi_{1}=\)
MDA \(\quad \pi_{2}=\)
The purchase patterns for two brands of

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