To find the equilibrium state in Markov analysis,
A) it is necessary to know both the vector of state probabilities and the matrix of transition probabilities.
B) it is necessary only to know the matrix of transition probabilities.
C) it is necessary only to know the vector of state probabilities for the initial period.
D) one should develop a table of state probabilities over time and then determine the equilibrium conditions empirically.
E) None of the above
B
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Corporate charters require the directors of the company to protect the financial interests of the company's stockholders.
a. true b. false
Sales staff executives are commonly used to:
A. Recruit new salespeople B. Analyze sales trends and make forecasts C. Train new salespeople D. Collect and gather environmental information which line managers may need for decision making E. Do all of the above