QUESTION 26 CPS Energy currently has three schemes for monthly payment of electr

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QUESTION 26 CPS Energy currently has three schemes for monthly payment of electricity and gas bills, namely (1) cheque/cash payment (2) credit card debit (3) bank account direct debit (auto pay) Their research department has estimated the following matrix of probabilities for switching between schemes Will switch next month to scheme Currently pays by scheme 0.85 0.04 0.02 0.10 0.90 0.23 0.05 0.06 0.75 What will be the corresponding percentages after two months elapsed (ie. in month 3) If 70% currently (ie. month 1) pay by scheme (1), 20% by scheme (2) and 10% by scheme (3)? [4 pts] [0.6050 0.2730 0.1220] O[0.6276 0.2604 0.1121] [0.7275 0.1865 0.0860] O[0.5276 0.3343 0.1381] O[0.4646 0.3854 0.1500]

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