Are the following deterministic or stochastic? Rolling a pair of dice Calculating your savings account balance will be in a month Typhoons

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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Are the following deterministic or stochastic?

  1. Rolling a pair of dice
  2. Calculating your savings account balance will be in a month
  3. Typhoons
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