(14) The transition matrix for a Markov chain with three states is 0.3 0.5 0.21 0.6 0.3 0.1 001. For a group of 100 individuals in state 1 at time 0, the variance of the number of individuals in state 1 at time 3 is:

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.5: Markov Chain
Problem 47E: Explain how you can determine the steady state matrix X of an absorbing Markov chain by inspection.
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(14) The transition matrix for a Markov chain with three states is
0.3 0.5 0.21)
0.6 0.3 0.1
001.
For a group of 100 individuals in state I at time 0, the variance of the number of
individuals in state 1 at time 3 is:
Transcribed Image Text:(14) The transition matrix for a Markov chain with three states is 0.3 0.5 0.21) 0.6 0.3 0.1 001. For a group of 100 individuals in state I at time 0, the variance of the number of individuals in state 1 at time 3 is:
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