Find the equilibrium vector for the given transition matrix. 0.24 0.76 P = 0.26 0.74 The equilibrium vector is (Type an integer or simplified fraction for each matrix element.)

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.5: Markov Chain
Problem 33E
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Find the equilibrium vector for the given transition matrix.
0.24 0.76
P =
0.26 0.74
The equilibrium vector is
(Type an integer or simplified fraction for each matrix element.)
Transcribed Image Text:Find the equilibrium vector for the given transition matrix. 0.24 0.76 P = 0.26 0.74 The equilibrium vector is (Type an integer or simplified fraction for each matrix element.)
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