Assume that state 1 is high volume and that state 2 is low volume.What is the probability that volume will be high for three consecutive weeks?

Ava-May Nelson

Ava-May Nelson

Answered question

2021-09-14

If volume is high this week, then next week it will be high with a probability of 0.9 and low with a probability of 0.1.
If volume is low this week then it will be high next week with a probability of 0.5.
Assume that state 1 is high volume and that state 2 is low volume.
What is the probability that volume will be high for three consecutive weeks?

Answer & Explanation

hesgidiauE

hesgidiauE

Skilled2021-09-15Added 106 answers

The probability that volume is

Do you have a similar question?

Recalculate according to your conditions!

New Questions in High school probability

Ask your question.
Get an expert answer.

Let our experts help you. Answer in as fast as 15 minutes.

Didn't find what you were looking for?