onetwo9154 onetwo9154

22-11-2022
Business

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at the end of a given day, the weather in golden can be considered either good, indifferent or bad. if the weather was good today, there is a 60% chance it will be good tomorrow, a 30% chance it will be indifferent and a 10% chance it will be bad. if the weather was indifferent today, then 40% it will be good tomorrow, and 30% indifferent. finally, if the weather was bad today, then 40% chance it will be good tomorrow, and 50% indifferent. (a) (4 points) what is the stochastic matrix for this situation? (b) (5 points) suppose there was a 50% chance of the weather today being considered good and 50% chance being considered indifferent. what are the chances of bad weather tomorrow? (c) (6 points) suppose the predicted weather for monday is 40% indifferent and 60% bad weather. what are the chances for good weather wednesday?

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