QUESTION 8 There is a 30% chance that any current client of company A will switch to company B this year. There is a 20% chance that any client of company B will switch to company A this year, If...


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QUESTION 8<br>There is a 30% chance that any current client of company A will switch to company B this year. There is a 20% chance that any client of company B<br>will switch to company A this year, If these probabilities are stable over the years, and if company A has 1000 clients and company B has 1000<br>clients, in the long run (assuming the probabilities do not change), wiat will the market shares be?<br>For the toolbar, press ALT+F10 (PC) or ALT FN+F10 (Mac).<br>B I<br>Paragraph<br>Av2v T.<br>Arial<br>10pt<br>= 制<br>x X 汉MT<br>田田 田田田国<br>> Ť (1)<br>

Extracted text: QUESTION 8 There is a 30% chance that any current client of company A will switch to company B this year. There is a 20% chance that any client of company B will switch to company A this year, If these probabilities are stable over the years, and if company A has 1000 clients and company B has 1000 clients, in the long run (assuming the probabilities do not change), wiat will the market shares be? For the toolbar, press ALT+F10 (PC) or ALT FN+F10 (Mac). B I Paragraph Av2v T. Arial 10pt = 制 x X 汉MT 田田 田田田国 > Ť (1)

Jun 04, 2022
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