Consumer Loyalty A housekeeper buys three kinds of cereal: A, B, C. She never buys the
Chapter 10, Problem 22(choose chapter or problem)
Consumer Loyalty A housekeeper buys three kinds of cereal: A, B, C. She never buys the same cereal in successive weeks. If she buys cereal A, then the next week she buys cereal B. However, if she buys either B or C, then the next week she is three times as likely to buy A as the other brand. (a) Find the transition matrix. (b) In the long run, how often does she buy each of the three brands?
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