Mathematics
Mathematics, 20.02.2022 15:40, chamarabrown6529

A population of 100,000 consumers is grouped as follows: 10,000 users of Brand A, 20,000 users of Brand B, and 70,000 who use neither brand. During any month, a Brand A user has a 20% probability of switching to Brand B and a 5% probability of not using either brand. A Brand B user has a 15% probability of switching to Brand A and a 10% probability of not using either brand. A non user has a 10% probability of purchasing Brand A and a 15% probability of purchasing Brand B. How many people will be in each group in 1 month, in 2 months, and in 18 months

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