Probability of Rain

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Question

An outdoor restaurant in a summer resort closes only on days that it rains. From the past records it is found that from May through September, when it rains one day, the probability of rain for the next day is .4
when it does not rain one day, the probability of rain the next day is .06. a)Write the transition matrix. b)If it rains on Thursday, what is the probability that it will rain on Saturday? c)If it does not rain on Thursday, what is the probability that it will rain on Saturday? d)Past meteorological records indicate that there is .08 probability that it will rain on July 4th. Find the probability that it rains on July 5th. e)Use algebra techniques to find the equilibrium vector. f)What does the equilibrium vector tell you about the weather at the resort? Apr 03 2013 06:04 PM

 

Solution ID:608906 | This paper was updated on 26-Nov-2015

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