Find the requested long-range probabilities based on the transition matrix or data given.Each week a sales manager classifies her sales people as low, medium, or high producers. The probabilities that a worker will move from a given category to any other category are given by the transition matrix below. Find the long-range trend for the proportion of low, medium, and high producers.

A. [.2440 .4210 .3350]
B. [.4366 .3472 .2161]
C. [.2343 .3472 .4185]
D. [.1951 .3688 .4366]


Answer: A

Mathematics

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