Workday traffic conditions from 9:00 am to 10:00 am on the Baltimore Beltway can be characterized as

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Workday traffic conditions from 9:00 am to 10:00 am on the Baltimore Beltway can be characterized as Light, Moderate, and Heavy. The following stochastic matrix describes the day-to-day transitions:
м н 70 20 .10 L 20 75 30 .10 05 .60.

(a) Interpret the numbers in the second column of the matrix.
(b) In the long run, what percent of the workdays fall into each category?
(c) Of 20 workdays in a month, how many are expected to have Heavy traffic on the Baltimore Beltway from 9:00 am to 10:00 am?

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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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