COP4355 quiz 36 - If 500 new members are initiated as...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Solutions Manual and Workbook 271 18.2 (continued) (b) What % will be C & E’s at equilibrium? _____________% 18.3 A college sorority bas four classifications of members: active, alumna (paying annual dues), life member (lump sum payment of $1.000), and inactive (not current on dues) or deceased. Their experience in terms of members moving from one category to another is summarized in the table below.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: If 500 new members are initiated as actives this year, how many can be expected to be in each category two years from now! Active_________________ Alumna_________________ Life Member_________________ Inactive or Deceased ____________ FROM: Inactive Active Alumna Life Member or Deceased Active .6 0 0 0 Alumna .3 .8 0 0 TO: Life Member .1 .1 .9 0 Inactive or Deceased 0 .1 .1 1...
View Full Document

This note was uploaded on 11/13/2011 for the course COP 4355 taught by Professor Koslov during the Spring '10 term at University of Florida.

Ask a homework question - tutors are online