{"blocks": [{"key": "dc516a52", "text": "Scenario", "type": "header-two", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "a7440fc5", "text": "Rider behavior under dynamic-pricing trial: Two rides on day-1; reasonable price probability per ride = P.", "type": "unstyled", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "a246d8b1", "text": "Question", "type": "header-two", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "d2c1eee9", "text": "A) What is the probability the rider will take exactly one ride the next day? B) What is the probability the rider becomes a permanent rider (rides every day after day-1)?", "type": "unstyled", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "306310ff", "text": "Hints", "type": "header-two", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}, {"key": "5ad5675f", "text": "Enumerate three day-1 outcomes: RR, RH/HR, HH. Translate to next-day and steady-state probabilities using basic probability rules or Markov chain.", "type": "unstyled", "depth": 0, "inlineStyleRanges": [], "entityRanges": [], "data": {}}], "entityMap": {}}