
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Show full answers and steps to this exercise. Please explain how you get to the answers without using excel, stata or R
![[1] Consider the Sunny-Rainy example we covered in class but suppose that the tran-
sition matrix is given by the following matrix instead
P =
[0.8 0.2
0.5
a) Suppose that at some time t, the weather is S or R with equal probability.
Write down the state vector πt and then compute t+1 and 7t+2, i.e. compute
the probabilities that the weather will be S or R in t + 1 and t + 2.
b) Suppose that at some time t, the weather is twice more likely to be Sunny
than Rainy. Write down the state vector , and then compute 7+1 and 7t+2.
c) Find the stationary distribution corresponding to the transition matrix given
above using the equation that defines stationarity
d) Suppose that at some time t, the weather is Sunny with probability 5/7.
Compute the state vector for time t + 1 and t + 2. Did you expect these
results? Explain your answer.](https://content.bartleby.com/qna-images/question/a3574180-5be7-46af-9f18-c1fbb9ec682c/e3a7e134-341f-433f-84e3-2ac7051ef7a2/4chm6mh_thumbnail.jpeg)
Transcribed Image Text:[1] Consider the Sunny-Rainy example we covered in class but suppose that the tran-
sition matrix is given by the following matrix instead
P =
[0.8 0.2
0.5
a) Suppose that at some time t, the weather is S or R with equal probability.
Write down the state vector πt and then compute t+1 and 7t+2, i.e. compute
the probabilities that the weather will be S or R in t + 1 and t + 2.
b) Suppose that at some time t, the weather is twice more likely to be Sunny
than Rainy. Write down the state vector , and then compute 7+1 and 7t+2.
c) Find the stationary distribution corresponding to the transition matrix given
above using the equation that defines stationarity
d) Suppose that at some time t, the weather is Sunny with probability 5/7.
Compute the state vector for time t + 1 and t + 2. Did you expect these
results? Explain your answer.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step 1: Summarise provided information
VIEW Step 2: Write state vector and compute probabilites for t+1 and t+2 when S and R are equally likely
VIEW Step 3: Write state vector and compute probabilites for t+1 and t+2 when S is two times more likely than R
VIEW Step 4: Find the stationary distribution
VIEW Step 5: Compute probabilities for t+1 and t+2 when S is 5/7
VIEW Solution
VIEW Step by stepSolved in 6 steps with 12 images

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