- #1
pocketlint59
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hi, first-time user here
although this question deals with algebra, I feel that it pertains to matricies and probability more
basically, how do i find long term trends of a matrix with algebra?
ex. 2 competing soft drink companines cola A, and cola B presently have 1/3 and 2/3 shares of the market, respectively.
92% of cola A drinmiers will buy cola A again , the remainder switch to cola B
85% of Cola B drinkers will buy cola B again, and the remainder will switch brands
What is the market share after 2 weeks?
please help me and thanks in advance
although this question deals with algebra, I feel that it pertains to matricies and probability more
basically, how do i find long term trends of a matrix with algebra?
ex. 2 competing soft drink companines cola A, and cola B presently have 1/3 and 2/3 shares of the market, respectively.
92% of cola A drinmiers will buy cola A again , the remainder switch to cola B
85% of Cola B drinkers will buy cola B again, and the remainder will switch brands
What is the market share after 2 weeks?
please help me and thanks in advance