document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=300874>Question 300874</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A credit card company classifies its consumers in a given month in three groups; nonusers, light users, and heavy users. The transition matrix for these states is<BR>\n" );
document.write( "                                                                          Nonuser  Light  Heavy<BR>\n" );
document.write( " <BR>\n" );
document.write( "Suppose the initial distribution for the three states is [0.4   0.4   0.2]. Find the distribution after each of the following periods.<BR>\n" );
document.write( "(a)	1 month<BR>\n" );
document.write( "(b)	2 months<BR>\n" );
document.write( "(c)	3 months<BR>\n" );
document.write( "(d)	What is the long-range prediction for the distribution of users?<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #215839 by </B><A HREF=/tutors/aboutme.mpl?userid=Fombitz><B>Fombitz(32388)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Fombitz><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Fombitz><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=215839\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> No matrix given.<BR>\n" );
document.write( "Please re-post.  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );