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Match the appropriate definition in the right column with each term in the left column.

 A. The condition of a system as described by its properties B. A region of space through which mass may flow C. Whatever is studied D. A transformation from one state to another E. A property whose value for an overall system is the sum of its  values for the parts into which the system is divided F. Everything external to the system State G. A fixed quantity of matterH. A property whose value is independent of the size or extent of a system and may vary from place to place within the system at any momentI. Distinguishes the system from its surroundingsJ. A macroscopic characteristic of a system to which a numerical value can beassigned at a given time without knowledge of the previous behavior of the system\begin{array}{l l } \text{ } & \text{A. The condition of a system as described by its properties}\\ \text{ } & \text{B. A region of space through which mass may flow}\\ \text{ } & \text{C. Whatever is studied}\\ \text{ } & \text{D. A transformation from one state to another}\\ \text{ } & \text{E. A property whose value for an overall system is the sum of its}\\ \text{ } & \text{ values for the parts into which the system is divided}\\ \text{ } & \text{F. Everything external to the system}\\ \text{ State } & \text{G. A fixed quantity of matter}\\ & \text{H. A property whose value is independent of the size or extent }\\ & \text{of a system and may vary from place to place within the system at any moment}\\ & \text{I. Distinguishes the system from its surroundings}\\ & \text{J. A macroscopic characteristic of a system to which a numerical value can be}\\ & \text{assigned at a given time without knowledge of the previous behavior of the system}\\ \end{array}

Question

The 2000 census reported that 66.4% of the households in Alaska were homeowners, and the remainder were renters. During the next decade, 37.2% of the homeowners became renters, and the rest continued to be homeowners. Similarly, 71.5% of the renters became homeowners, and the rest continued to rent. (A) Write the appropriate transition matrix. (B) According to this transition matrix, what percentage of households were homeowners in 2010? (C) If the transition matrix remains the same, what percentage of households will be homeowners in 2030?

Solution

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Let AA, BB denotes the states of being homeowners and renters respectively. The 2000 census reported that 66.4% of the households in Alaska were homeowners, and the remainder (10066.4)%=33.6%(100-66.4)\%=33.6\% were renters. Taking that as initial state, the initial state matrix

S0=[0.6640.336]S_0=[\,\,0.664\quad 0.336\,\,]

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