4.1.3 A Markov chain Xo, X1, X2.... has the transition probability matrix 0 1 2 0 0.1 0.1 0.8 P 1 0.2 0.2 0.6 2 0.3 0.3 0.4 What fraction of time, in the long run, does the process spend in state 1? 4.1.3 1= 3 13

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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4.1.3 A Markov chain Xo, X1, X2.... has the transition probability matrix
0 1 2
0 0.1 0.1 0.8
P 1 0.2 0.2 0.6
2 0.3 0.3 0.4
What fraction of time, in the long run, does the process spend in state 1?
Transcribed Image Text:4.1.3 A Markov chain Xo, X1, X2.... has the transition probability matrix 0 1 2 0 0.1 0.1 0.8 P 1 0.2 0.2 0.6 2 0.3 0.3 0.4 What fraction of time, in the long run, does the process spend in state 1?
4.1.3 1=
3
13
Transcribed Image Text:4.1.3 1= 3 13
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