Fayetteville is experiencing a population movement out of the city to the suburbs. Currently 85% of the total population live in the city with the remaining 15% living in the suburbs. It has been shown that each year 7% of the city residents move to the suburbs, while only 1% of the suburb population move back to the city. Assuming population remains constant for both, what percent of the total will remain in the suburbs after 5 years. Express your answer rounded to hundredths of a percent.
A) 35.56%
B) 60.28%
C) 39.72%
D) 64.44
Correct Answer:
Verified
Q13: Given the transition matrix: Q14: Given the transition matrix: Q15: A trailer rental company has rental and Q16: Dublin is experiencing a population movement out Q17: Laurinburg is experiencing a population movement out Q19: Decide whether or not the transition matrix Q20: Decide whether or not the transition matrix Q21: Decide whether or not the transition matrix Q22: Decide whether or not the transition matrix Q23: Decide whether or not the transition matrix![]()
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents