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 B0.920.08MDA0.040.96
(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=

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