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goldensteeez goldensteeez
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5 years ago
The transition matrix below shows the probabilities that customer switch between two grocery stores, Don's and Limmer's, each week.




If there are 2000 customers who shop at either store, how many over the long run would shop at Limmer's?
Textbook 
Introduction to Management Science

Introduction to Management Science


Edition: 13th
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wrote...
5 years ago
0.333 × 2000 = 667
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