Judy Jones purchases groceries and pop exactly once each week on Sunday evenings. She buys either Coke or Pepsi only and switches from Coke to Pepsi and vice-versa somewhat regularly. Her purchasing behavior of these two drinks is modeled as a Markov system. Let the transition matrix be:
Let Coke) and respectively denote the steady state probability that Judy will buy Coke or Pepsi in the very long run on any week. P(Coke) for this data will be
A) 0.7
B) 0.6
C)
D)
Correct Answer:
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